Markets » Commodities

Last Updated: Sun, Feb 7 2016 | 4:03 PM |
Oil resumes decline near $30 as US supplies worsen global glut

Oil resumes decline near $30 as US supplies worsen global glut

Crude is down 17% this year as volatility in global markets adds to concern over brimming US stockpiles and the outlook for increased exports from Iran

Oil price sees biggest two-day rally in 7 years

Oil is still down about 13 percent this year and may take as long as three years to normalise, with a speedy rebound unlikely, according to Bank of Montreal CEO

Oil falls to below for first time since 2003

Prce has fallen more than 25% so far this year, the steepest such slide since the financial crisis

Asian equities fluctuate after China data as Iran weighs on oil

Weaker-than-estimated Chinese economic data capped the weakest quarter of expansion since the 2009 global recession

Commodities

Commodity   Value
(USD $)
Price
Change
GOLD 1,174.09 0.00
SILVER 15.02 0.00
PLATINUM 917.50 0.00
PALLADIUM 502.10 0.00
ICE BRENT CRUDE 34.06 0.00

Opinion » Opinion RSS

Small businesses in the UAE need more support than ever

Small businesses in the UAE need more support than ever

Fees, red tape, a slowdown in lending and the tough economic conditions are all combining to produce a grim period for the country’s SMEs, says Ed Attwood

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5 money saving tips for start-ups

5 money saving tips for start-ups

For new businesses, costs are high and money is often tight. Chantal Bechervaise suggests five ways to save some of that all important cash

What to do when somebody copies your website

What to do when somebody copies your website

After building a unique website, the team behind medical tourism start-up, Medigo, discovered someone was taking advantage of their hard work. Chief product officer and co-founder, Ieva Soblickaite, and head of content, Florence Collins, explain what they did when they found out their website was being copied

How Saudi Arabia successfully defended its US oil market share

How Saudi Arabia successfully defended its US oil market share

Saudi crude exports to the United States have remained relatively constant at around 1.2 million barrels per day since 2009

Should the UAE reconsider the mortgage cap?

Should the UAE reconsider the mortgage cap?

Regulation is an evolving process; it may be time for change, again, argues Ed Attwood

2

6 ways to build a great Instagram strategy

6 ways to build a great Instagram strategy

Ekaterina Zotkova of socialbakers.com explains how you can succeed on one of today’s most important social media platforms.

Features & Analysis

How Kuwait is oiling the wheels of national reform

How Kuwait is oiling the wheels of national reform

Kuwait has for years sat on the sidelines while its neighbours rapidly modernised...

Rising from the ashes: The UAE's insolvency dilemma

Rising from the ashes: The UAE's insolvency dilemma

The UAE is close to finalising a modern insolvency law that would allow struggling...

1

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