Gulf Arab bourses are likely to remain lacklustre on Monday as a summer trading lull, regional political tensions and sustained volatility on global equity and oil markets make investors wary of raising their risk exposure.
July 16, 2012 11:55
Rising summer electricity, vehicle and jet fuel demand in the run-up to Ramadan have boosted fuel premiums in the Middle East Gulf and are likely to support prices throughout the holy month, traders said.
July 11, 2012 4:39
Oil market has eased from 2-1/2 year-high.
February 28, 2011 10:28
Unrest in Bahrain continues to push up the price of oil. The BBC’S Brian Milligan has the story.
February 20, 2011 4:05