Tuesday 28 June 2016
 
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Oil prices slip after rally as market turns cautious

Oil prices fell on Tuesday after a strong two-day rally abated amid volatility fed in part by a vote later this week in Britain that will determine whether the country will leave the European Union.   A one-month

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Oil prices fall as clouds gather over supply picture

Oil prices fell for a second day on Tuesday, as concerns took hold that a six-week rally may have run its course after the Organization of the Petroleum Exporting Countries (Opec) doused hopes for a speedy erosion of an overhang of unwanted cr

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Dubai rents under pressure in Q1 after 2015 rally

The start of the New Year brought glad tidings for many Dubai residents who were feeling rather pressed by the steady escalation of rents throughout 2015, said a property expert. The Dubai Real Estate Regulatory Agency’s ren

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Asian shares slip from 3-week high as oil rally reverses

Asian shares slipped from near three-week highs on Friday as a rally in oil prices reversed and investors remained cautious about the outlook for the global economy.   MSCI's broadest index of Asia-Pacific sh

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Dubai International Rally set to flag-off

The Dubai International Rally 2015 is set to flag-off on November 19 from Dubai Men's College, at the Higher Colleges of Technology campus in Dubai International Academic City.   To commence proceedings, the

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Regional bikers roar into Bahrain for rally

Hundreds of bikers from around the region have roared into Bahrain for a cross-country rally and exhibition, as part of the HOG Rally 2015. They gathered at the King Fahad Causeway yesterday (November 12) and rode around the island before endi

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Asia joins stocks rally after ECB signals more stimulus

Asia extended a global stocks rally on Friday after the European Central Bank signaled its readiness to inject more stimulus, helping the dollar scale a fresh two-month peak against the euro.   MSCI's broades

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Oil falls back after early rally on US storm worries

Oil prices fell back on Thursday after an early rally on fears of storm damage to US oil installations faded.   Brent, the global benchmark for oil, was down 20 cents, or 0.4 per cent, at $48.17 a barrel by 10:33

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Oil rounds out best monthly gain in 6 years

Oil has rounded out its best monthly gain in six years on Thursday, with the two global benchmarks for crude rising between 20 and 25 per cent in April, helped by a weaker dollar and bets that a supply glut would ease. After the J

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Brent falls towards $55 as rally fades on inventory

Brent crude futures fell towards $55 a barrel on Thursday after a bigger than expected crude stock build in the US, though losses were limited by a weaker dollar as the Federal Reserve signalled a slower pace of interest rate hikes.

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