According to OPEC’s analysis, India will be the fastest-growing emerging market economy in 2021
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Oil rises on strong demand and inventory draws as traders ignore premature Iran news
Oil prices are ticking up today, enjoying some further gains after the EIA confirmed a massive oil stocks draw in the US, with traders not yet convinced Iran’s claim of an agreement with the US to lift sanctions is a done deal
Oil jumps to new highs on stock relief projections
Oil prices are enjoying their highest levels in more than two years today, as a projected draw-down of US crude inventories caused price gains of more than $1 in a single day
Sharjah’s energy innovation discussion considers the future for oil and gas
The drive towards creating a cleaner energy future for the world took centre stage during the ‘Energy & Innovation Leadership Talk’ organised by Sharjah Research Technology and Innovation Park
Tech collaborations push oil and gas into quantum computing
Tech collaborations are enabling oil and gas companies to venture into quantum computing to reduce operational costs
Oil trims early gains as OPEC+ hints production boost
After rising in the beginning of the trading day on strong demand expectations, oil prices eased later in the day after OPEC+ is reportedly discussing to increase production from August
Oil keeps momentum on strong demand recovery
Oil prices are starting the week by keeping their high levels, supported by bullish market expectations for a quick oil demand recovery and for higher oil valuation next year
‘Cautious’ approach to OPEC oil output ‘paying off’: Prince Abdulaziz
Saudi Arabia’s cautious approach to reviving OPEC+ oil output has proved helpful, said Energy Minister Prince Abdulaziz bin Salman
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Oil rally pauses as inflation fears surface
The oil market rally seems to be paused as after morning losses prices have now returned to the previous trading day’s levels, with traders starting to price in inflation concerns