Global World News Most Gulf Markets In Red On Weak Oil, Global Growth Concern

Major Gulf markets mixed on weak oil, Fed rate outlook

Major stock markets in the Gulf were mixed in early trade on Tuesday, weighed down by sluggish oil prices and fading hopes for a December U.S. rate cut. Read More

Global Oil Prices Steady as Weak Demand and Oversupply Pressure Persist

Oil prices remained largely unchanged early Thursday after closing at two-week lows in the previous session, weighed down by sluggish demand and an ongoing global supply glut. Brent crude futures ... Read More

Growth in most Gulf economies to hold steady this year and next on rising oil output: Reuters poll

BENGALURU (Reuters) -Most Gulf Cooperation Council economies will expand steadily this year and next on rising oil production, according to economists in a Reuters poll who upgraded this year's growth ... Read More

Most Gulf markets gain on US rate cut hopes; oil weighs on Saudi

Most Gulf stock markets closed higher on Sunday as softer-than-anticipated U.S. inflation data bolstered hopes for a Federal Reserve interest rate cut this week, while Saudi Arabia's index dipped in ... Read More

OPEC Remains Upbeat on Global Oil Demand Growth

OPEC has kept its global oil demand growth forecasts unchanged for 2025 and 2026, expecting continued robust economic growth to drive demand. The cartel anticipates global oil demand to reach an ... Read More

IEA forecasts global oil glut in 2026 on strong production growth, weak demand

(The Center Square) – Surplus supplies of crude oil in global markets will reach about 4 million barrels per day in 2026 as both OPEC+ and other producers increase output while demand growth remains ... Read More