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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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OPEC+
Energy
OPEC maintains oil demand forecast on resilient global economic growth, air travel growth
OPEC raised its forecast for world economic growth this year to 2.9 percent from 2.8 percent
Markets
Oil prices rise on weaker dollar, tighter supply bets ahead of CPI data
Brent Oil Futures expiring in September rose 0.7 percent to $85.74 a barrel
Markets
Oil prices hold steady, on track for fourth straight week of gains as strong summer demand and supply concerns buoy market
Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel
Markets
Oil prices surge on fears of disruptions in Russia and Middle East, defying inventory build
Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel
Markets
Oil prices fall amid dollar strength; U.S. inventory build spurs demand fears
Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel
Economy
GCC’s 2024 growth forecast lowered to 2.2 percent on extended oil output cuts
ICAEW has also lowered its 2024 inflation forecast for the GCC region to 2.2 percent this year and 2.1 percent next year
Markets
Oil prices decline but remain on course for weekly gains amid OPEC optimism
Brent oil futures expiring in August fell 0.6 percent to $82.22 a barrel
Markets
Oil prices dip amid rising U.S. inventories as Fed keeps interest rates steady
Brent oil futures expiring in August fell 0.5 percent to $82.24 a barrel
Energy
OPEC maintains forecast for 2.25 million bpd global oil demand growth in 2024, 1.85 million bpd in 2025
The organization forecasted 2.3 million bpd rise in world oil demand in the second half of 2024
Markets
Oil prices edge higher on declining U.S. inventories; investors await Fed announcement and inflation data
Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel
Markets
Oil prices dip ahead of key Fed meeting, U.S. inflation data release
Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel
Markets
Oil prices stabilize as traders await OPEC meeting, Fed cues
Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel
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