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Oil slides again as focus returns to heavy glutOil prices fell on Thursday, with US crude dipping below $40 per barrel, retreating from early gains amid a persistent global glut of crude and refined fuel. Brent crude futures were down 20 cents at $43.94 a b More… |
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Gulf investor confidence down says reportInvestor confidence in Gulf Arab economies, gauged by Dubai-based investment bank Shuaa Capital, fell 7.8 percent in July from the previous month. The monthly GCC Investor Confidence Index fell to 123 points in July, down 10.5 points from More… |
