Oil near one-week high as prospect of Iran glut wanes
Oil prices slipped on Tuesday, but were near one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets.
Oil prices up over $1 amid potential Iran talks hitch
Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remains intact even with increased Iran exports.
Oil prices fall on rising COVID-19 infections in Asia, inflation fears
Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears rising inflation might lead the U.S. Federal Reserve to raise interest rates, which could limit economic growth.
Top scientists question the need for COVID-19 booster shots
COVID-19 vaccine developers are making ever bolder assertions that the world will need yearly booster shots, or new vaccines to tackle concerning coronavirus variants, but some scientists question when, or whether, such shots will be needed. In interviews with Reuters, more than a dozen influential infectious disease and vaccine development experts said there is growing […]
MIDEAST STOCKS Most major Gulf markets rise; Qatar dips
Most major stock markets in the Gulf rose in early trade on Sunday, with property shares boosting the Dubai index, although Qatar bucked the trend to trade lower. Saudi Arabia’s benchmark index (.TASI) added 0.6%, with Al Rajhi Bank (1120.SE) rising 1.4% and SABIC Agri-Nutrients Co (2020.SE) advancing 3.9%. Elsewhere, Bank Albilad (1140.SE) climbed 1%, as the lender completed a 3 billion riyal […]
