Brent crude moving above $97 a barrel is the kind of move that quickly filters through trading desks, freight costs and inflation expectations. For MENA investors, oil prices matter not just as an energy story but as a read on fiscal strength, sentiment and the region’s broader risk appetite. The latest oil prices move came … Read more
US crude oil exports hit a record 5.6 million barrels per day in May, and the number matters because it shows how quickly global buyers can redirect supply when Middle East flows are disrupted. Asia and Europe stepped in at scale, turning a regional energy shock into a boost for American barrels. For traders, refiners … Read more
Crude oil rises 2% at the start of the week, and that move matters because it comes with geopolitics, supply risk and inflation pressure all pulling in the same direction. For traders in the Gulf and beyond, the price jump is less about a single headline and more about how quickly sentiment can flip when … Read more
A single-day jump of 8% in crude oil is the kind of move that rewrites quarterly forecasts across the Gulf overnight. That is exactly what energy markets delivered on Sunday, driven by a geopolitical escalation that places Iran — and by extension the entire MENA energy corridor — at the centre of global supply anxiety. … Read more
A jump of more than 59% in a single month is not a routine price adjustment. When the official selling price for the UAE’s flagship crude grade leaps from $69.45 to $110.75 per barrel, it sends a signal that reverberates well beyond Abu Dhabi‘s trading desks. The Abu Dhabi National Oil Company confirmed on Tuesday … Read more