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Oil set to stabilise at $55-$65, says Lukoil Mideast chiefOil will stabilise around $55 to $65 a barrel as Opec (Organization of Petroleum Exporting Countries) fulfills its agreement to cut output, with stockpiles and shale production keeping prices from rising much more, said the Middle East head of R More… |
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Stocks, oil stabilise after new year nightmareGains by Chinese stocks, a steadier yuan and a recovery in oil prices helped calm frazzled investors on Friday, just in time for the first US payrolls report of the year. China nudged the yuan higher for the fi More… |
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Meat prices ‘are set to stabilise’ in BahrainMeat prices are expected to drop after initially soaring following the lifting of government subsidies in Bahrain, it has been claimed. Bahrain’s biggest supplier of livestock, the Bahrain Livestock Company (BLC), has already reduced pri More… |
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Qatar house rents up 20pc, ‘may stabilise amid demand’Residential property rents in Qatar have increased 20 per cent over last year, but the oil price crash may help stabilise the market and prevent an unreasonable further hike, according to a report. The falling oil prices, however, More… |
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Bahrain jobless rate stabilises in last quarterBahrain has stabilised its unemployment rate at 3.7 per cent, according to Labour Minister Jameel Humaidan. He said 6,065 Bahrainis were employed in the private sector in the last quarter of 2014, which covers October, November an More… |
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Oil prices to stabilise in Q2 this year: expertsOil prices are set to climb higher in the second quarter of the year, because the excess oil would have been consumed and global balance between supply and demand would be stabilised, according to experts. The petrochemical sector More… |
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Saudi, Mexico push for stable oil marketsSaudi Arabian Oil Minister Ali Al-Naimi and Mexico's Energy Minister Pedro Joaquin Coldwell have held talks in which both agreed that all efforts should be made to stabilise international oil markets, Mexico's government said on Thursday More… |
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Gulf corporate credit quality to stabilise in 2010The outlook for corporate credit quality in the Gulf region going into 2010 is one of slow recovery or at least stabilisation, according to a Moody's report. The main drivers of credit quality will be industry-specific fundamentals, the report More… |
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Abu Dhabi realty market 'well placed to weather crisis'Abu Dhabi’s real estate market is well placed to weather the economic downturn as government-backed real estate organisations are well funded and have the capacity to rationalise, phase or delay developments, said a report. Abu Dhabi is pe More… |
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Gulf inflation seen stabilisingGulf inflation showed signs of moderating after months of rapid rises drove it to record levels, but pressures from elevated food and housing costs threaten to plague the region for years. Kuwait's red hot inflation cooled slightly in May More… |
