UAE and Qatar markets end lower as investors cut risk, tracking declines on European bourses after divisions among European leaders dashed any hopes of concrete measures to tackle the region's debt crisis.
June 28, 2012 4:52
Brent July crude fell $3.21, or 3 percent, to settle at $103.47 a barrel, the lowest settlement since the Dec. 16 close at $103.35. Brent fell to $102.97, its lowest intraday price since Dec. 19, after reaching $106.82.
May 31, 2012 11:45
In its annual review of the world's top oil producer, the IMF said growth was likely to slow to 6 percent, down from 7.1 percent last year.
May 30, 2012 1:27
U.S. July crude fell 10 cents, or 0.11 percent, to settle at $90.76 a barrel, having traded from $90.25 to $92.21.
May 30, 2012 1:19