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Oil rises but set for 5 percent weekly drop as Delta variant spreads

Oil rises but set for 5 percent weekly drop as Delta variant spreads

  • Oil prices steadied on Friday, clambering away from three-month lows, but they were still on track for a weekly loss of more than 5 percent
  • Brent crude futures rose 24 cents or 0.4 percent to $66.69 a barrel at 0635 GMT, after dropping 2.6 percent on Thursday to its lowest close since May
By Arab News ·
Oman's OQ says it may list some energy assets on local market

Oman's OQ says it may list some energy assets on local market

By Reuters ·
Oil prices steady after falling on signs US may release more reserves

Oil prices steady after falling on signs US may release more reserves

By Reuters ·
Oil price reform, tourism and trade revival to boost GCC economic prospects

Oil price reform, tourism and trade revival to boost GCC economic prospects

By Ziad Sabbah ·
Qatar Petroleum raises crude prices in December

Qatar Petroleum raises crude prices in December

By Reuters ·
Global oil demand to exceed 100 million bpd in 2022: Saudi Aramco

Global oil demand to exceed 100 million bpd in 2022: Saudi Aramco

By Arab News ·
Update Oil approaches $84 as lifting of US travel ban boosts demand

Oil approaches $84 as lifting of US travel ban boosts demand

By Reuters ·
Egypt moves ahead with Suez coal & diesel plant to enhance oil refinery capacity

Egypt moves ahead with Suez coal & diesel plant to enhance oil refinery capacity

By Arab News ·
'Nothing to worry about' as OPEC+ trims 2021 oil demand view, keeps 2022 steady: Sources

'Nothing to worry about' as OPEC+ trims 2021 oil demand view, keeps 2022 steady: Sources

By Reuters ·
Norway's Equinor Q3 results surge to nine-year high on gas and derivatives

Norway's Equinor Q3 results surge to nine-year high on gas and derivatives

By Reuters ·
Oil stays near $85 a barrel, Brent set for seventh weekly gain

Oil stays near $85 a barrel, Brent set for seventh weekly gain

By Reuters ·
Oil hits multi-year high above $86, then pulls back

Oil hits multi-year high above $86, then pulls back

By Reuters ·
Update BP calls for investment in long-term energy deals, storage to meet future demand

BP calls for investment in long-term energy deals, storage to meet future demand

By Reuters ·

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