Gulf Times - MARKETS
Oil skids lower on Saudi comments before OPEC decision

Oil skids lower on Saudi comments before OPEC decision

World oil prices briefly sank by two dollars on Thursday after OPEC kingpin Saudi Arabia appeared to rule out deep production cuts at a meeting of the cartel.

Sheehaniya inspection campaign targets street vendors

Sheehaniya inspection campaign targets street vendors

Al Sheehaniya Municipality has conducted a three-day inspection campaign targeting unregulated markets and street vendors in the area.

Asian markets rattled by Trump poll lead

Asian markets rattled by Trump poll lead

Asian equities tumbled Wednesday, extending a global sell-off, and the Mexican peso fell after a poll showed Donald Trump overtaking market favourite Hillary Clinton in the race for the White House.

Asian markets down, energy firms hit by oil deal woes

Asian markets down, energy firms hit by oil deal woes

Tokyo stocks led a broad retreat in Asian markets Wednesday as the yen recovered, while regional energy firms struggled with crude prices on concern about the chances of success ...

Europe markets extend gains on strong US jobs growth

Europe markets extend gains on strong US jobs growth

Global stock markets surged yesterday, cheering a spectacularly strong US jobs report as a welcome sign of healthy growth in the world’s top economy.

Asia markets dive as Brexit fans safety flight

Asia markets dive as Brexit fans safety flight

The pound slumped to a fresh 31-year low against the dollar yesterday while Asian equity markets...

‘Brexit’ sends markets for a ride, without overwhelming

‘Brexit’ sends markets for a ride, without overwhelming

The world’s financial markets passed a key test on Friday, operating without a hitch across asset classes amid a surge in trading...

European markets beat a retreat amid weak sentiment

European markets beat a retreat amid weak sentiment

European stocks fell yesterday, shrugging off an earlier rebound in Asia, as poor data and concern about major upcoming data and economic meetings

Oil prices fall on stronger dollar; Russia warns of longer glut

Oil prices fall on stronger dollar; Russia warns of longer glut

Oil prices fell by around one percent on Friday as a stronger dollar weighed and Russia warned that a global crude supply overhang could last into next year.

Oil markets rebalancing to take time, but bottom of rout may be near: Al-Attiyah

Oil markets rebalancing to take time, but bottom of rout may be near: Al-Attiyah

HE the former Deputy Prime Minister Abdullah bin Hamad al-Attiyah has said he gathers from the financial markets...

Turkish markets cheer new central bank chief

Turkish markets cheer new central bank chief

Turkish shares gained for a fourth month and bonds rallied as a pledge by the nation’s new central bank governor

Commodities markets to stay difficult, says Noble chief

Commodities markets to stay difficult, says Noble chief

Noble Group Chief Executive Officer Yusuf Alireza said that commodities markets to remain difficult