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  • Gold prices drop from 5-months high after ECB move

    Gold prices pulled away from the previous session’s five-month highs $1,300 an ounce on Friday, following news the European Central Bank (ECB) is launching quantitative easing program. ...

    23/01/2015 1:53:13 PM

  • Oil prices surge after Saudi King’s death

    Oil prices rose above $47 a barrel on Friday following news of the death of Saudi Arabia`s King Abdullah bin Abdulaziz. The late King Abdullah died early on Friday and his brother Salman...

    23/01/2015 11:27:38 AM

  • Oil prices retreat amid signs of high U.S. oil inventories

    Crude oil prices fell below $48 a barrel on Thursday amid indicators of rising U.S. crude oil inventories. The U.S. Energy Information Administration is releasing its U.S. inventories re...

    22/01/2015 2:32:38 PM

  • Oil prices rise despite IMF downgrade; EIA report eyed

    Oil prices edged up on Wednesday, resuming a choppy trade amid lingering uncertainty about the global recovery, as the International Monetary Fund cut its global economic forecast for this ...

    21/01/2015 10:55:24 AM

  • Gold approaches $1,300 over worries of global growth

    Gold prices rallied on Tuesday approaching $1,300 an ounce supported by the growing demand as a safe haven, while the International Monetary Fund (IMF) cut its global growth forecast. ...

    20/01/2015 2:37:02 PM

  • Oil prices retreat after China GDP data

    Oil prices tumbled on Tuesday after data showed that China’s economy grew 7.4% in 2014, below the government`s official target of 7.5%. Official data released earlier show...

    20/01/2015 10:50:23 AM

  • UAE`s Al Mazrouei says oil prices will not stay low for long

    United Arab Emirates (UAE) oil minister Suhail Al Mazrouei said on Monday that prices of oil are not likely to remain low for long, adding that the Gulf state will not change its energy stra...

    20/01/2015 6:16:16 AM

  • Gold near 4-month high ahead ECB decision, China GDP

    Gold traded near a four-month high on Monday as investors looked to Thursday`s meeting of the European Central Bank (ECB) amid speculation it will launch a government bond-buying program. ...

    19/01/2015 2:45:06 PM

  • Brent crude around $50 with China GDP in focus

    Brent prices hovered around $50 a barrel on Monday, as market players looked to China GDP which could provide more evidence of a slowdown in the global recovery. Brent prices dr...

    19/01/2015 1:06:22 PM

  • Oil prices surge as IEA sees signs of recovery

    Brent crude oil futures rose above $49 a barrel on Friday as the International Energy Agency (IEA) said the tide of recent price slumps may turn, as it kept the demand forecast for this year....

    16/01/2015 11:47:53 AM

  • Crude oil rises above $50 on dollar weakness

    U.S. oil prices rallied on Thursday, approaching again $50 a barrel as the dollar weakened after economic data showed a rise in weekly jobless claims to the highest pace in four months. ...

    15/01/2015 3:07:45 PM

  • Gold moves higher as SNB ditches franc cap

    Gold price rose late Thursday, after the Swiss National Bank (SNB) ended its minimum exchange rate on the franc-euro and lowered pushed its interest rates deeper into negative territory....

    15/01/2015 2:37:32 PM

  • Crude oil shakes early gains after choppy trade

    U.S. crude oil price fell early Thursday, following the sharp rebound we saw yesterday`s volatile trade, when the global benchmark picked up from its lowest level in nearly six years. ...

    15/01/2015 10:32:10 AM

  • Oil trades near 6-year low amid oversupply fears

    Crude oil traded near the lowest level in nearly six years below $49 a barrel on Wednesday, as escalating fears over a glut in global supplies weighed on prices. The continuing d...

    14/01/2015 11:52:16 AM

  • UAE to import more fuel from Qatar via Dolphin pipeline

    The United Arab Emirates seeks to import more fuel via the Dolphin gas pipeline amid concerns about securing the best price possible for its natural resources. The UAE gas suppl...

    13/01/2015 11:54:20 AM

  • Crude oil dips below $45 on supply glut concerns

    Oil prices extended its sharp decline on Tuesday, reaching its lowest level in six years below $45 a barrel, as ongoing concerns over a glut in global supplies drove down prices. UAE ...

    13/01/2015 11:25:45 AM

  • Safety bids push gold to one-month high, oil extends slide

    Gold prices rose to the highest level in a month on Monday, as investors sought shelter from sharp losses in the oil market amid speculation the Federal Reserve will keep rates on hold for lo...

    12/01/2015 1:26:31 PM

  • Crude oil slides after Goldman cuts 2015 forecast

    Oil futures traded near the lowest levels in five years on Monday, after Goldman Sachs slashed its 2015 price forecast to $47.15 a barrel down from $73.75 a barrel. This reduct...

    12/01/2015 10:50:10 AM

  • Oil falls amid signs of decline in shale oil production

    Oil prices fell on Friday amid signs of decline in US shale oil production, which has seen an unprecedented uptick in production rates during the last period. The boom in shale oil produ...

    09/01/2015 11:40:12 AM

  • Brent prices hold gains after rebound

    Oil prices gained on Thursday, holding gains from the previous session when it broke a four-day losing streaky after U.S. oil inventories fell more than expected. February Brent crude cl...

    08/01/2015 2:02:19 PM

  • Gold plunges after Fed meeting minutes

    Gold prices dropped on Thursday in light of the strong U.S. dollar impact following the Federal Reserve meeting minutes yesterday. At 11:42 GMT, the shiny metal gained 0.21% and traded...

    08/01/2015 1:54:26 PM

  • UAE`s Al Mazrouei says oil`s plunge will help global economic growth

    Energy Minister of the United Arab Emirates (UAE) Suhail Al Mazrouei said that lower oil prices are likely to be a significant push to global economic growth this year. Dealing with the ...

    07/01/2015 11:58:31 AM

  • Oil plummets below $49 a barrel

    Oil futures fell below $50 a barrel for the first time since July 2009 on Wednesday, amid signs of rising U.S. crude oil inventories. The high oil inventories led to concerns over a glut...

    07/01/2015 10:43:17 AM

  • Crude oil below $49 a barrel amid rising concerns over Greece

    Oil prices extended drop below $49 a barrel in European trading on Tuesday, weighed by concerns of Greece’s future in the euro zone ahead of the upcoming election next month. Gree...

    06/01/2015 2:52:43 PM

  • Gold prices hit $1,200 on uncertainty over Greek politics

    Gold futures traded at $1,200 an ounce, the highest level in almost three weeks on Tuesday, amid uncertainty over Greece’s future in the eurozone amid speculation that the left-wing an...

    06/01/2015 12:49:23 PM

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