Tags :OPEC+

Economy Featured News Regional

UAE’s Real GDP Growth Rate Likely To Be 3.5% in

Global Business Magazine February 21, 2022

The UAE’s real GDP growth rate is expected to be 3.5% in 2022 as against 2.2% in 2021, purely driven by the non-oil sector which Read More

Energy News Oil & Gas World

Oil rises as tight market looks to Russian-Western diplomacy

Global Business Magazine February 21, 2022

Oil prices rose slightly on Monday as fresh diplomatic efforts to resolve the Ukraine crisis provided some relief from supply concerns that Read More

Finance News World

Morning Bid: Pricing fifty shades of grey

Global Business Magazine February 21, 2022

While the Kremlin complains about "daily" Western predictions of a Russian invasion of Ukraine, investors for their part have had no choice Read More

Energy News Oil & Gas Regional

IEA’s Birol again urges OPEC+ to narrow gap between oil

Global Business Magazine February 16, 2022

The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, needed to narrow the gap between their oil Read More

Energy Featured News Regional

Hassyan Power Complex Adds 1,200 MW To Its Production Capacity

Global Business Magazine February 14, 2022

Dubai Electricity and Water Authority (DEWA) has disclosed that the current production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using the Read More

Energy News World

Oil hits seven-year highs as U.S. storm heightens supply concerns

Global Business Magazine February 4, 2022

Oil prices reached seven-year highs on Friday as geopolitical tensions and a winter storm in the United States fuelled concerns over supply Read More

Finance News Regional

Major Gulf bourses mixed in early trade

Global Business Magazine February 3, 2022

Major stock markets in the Gulf were mixed in early trade on Thursday, with the Dubai index falling the most after the Read More

Business Economy News Oil & Gas

Oil prices take a breather, OPEC+ sticks to output plans

Global Business Magazine February 3, 2022

Oil prices eased on Thursday following weak U.S. payrolls data and some profit-taking, but remained underpinned by tight supply as OPEC+ Read More

Business News World

Morning Bid: Peak inflation? We can only hope

Global Business Magazine February 2, 2022

The European Central Bank's plan to start tiptoeing away from monetary stimulus may be put to the test with Wednesday's flash inflation Read More

Business Economy Oil & Gas World

Oil climbs toward 7-year highs on U.S. stock draw, eyes

Global Business Magazine February 2, 2022

Oil prices climbed on Wednesday toward last week's seven-year highs as a draw in U.S. crude stocks confirmed strong demand and Read More

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