Friday 3 May 2024
 
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Market Outlook

Oil prices edge away from two-month low

Crude oil prices edged away from over two-month lows in early Thursday trading, after a sharp slide on concerns the market would take much longer than many anticipated to rebalance as supplies far outstrip demand. Benchmark US cru

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Mideast needs 2,340 planes says Boeing

Boeing has forecasted that airlines in the Middle East will require an estimated 2,340 airplanes worth $390 billion by 2029, with demand being driven by the rapid growth of air travel in the region. Boeing has also estimated that Middle Ea

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