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Most Gulf markets fall on weak oil prices
Most stock markets in the Gulf ended lower on Wednesday amid weak oil prices, with the Saudi index continuing its downward trend after a flat trading session the previous day. Read More
OPEC+ to ease oil cuts, citing stable market outlook
A coalition of major oil-producing nations said Sunday it will slightly scale back its voluntary production cuts starting in October. Read More
IEA predicts slowing global demand for oil will lead to record surplus in 2026
The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and producers keep cranking out more supply. In a ... Read More
The Feared Global Oil Glut Is Not Here, Yet
Global crude oil exports continue to hold strong and above the latest ten-year seasonal average. The market appears balanced near the end of the peak summer consumption period in the northern ... Read More
Most Gulf markets dip on weak oil prices
Most stock markets in the Gulf ended lower on Monday amid weak oil prices, with the Saudi index falling for a sixth consecutive session. Read More
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