Major Gulf stock markets fell on Sunday on weaker oil prices and profit-taking, with sentiment further pressured by concerns ...
Oil prices – a key driver for Gulf financial markets – settled lower on Friday, posting a 4% weekly decline as oversupply and hopes for a potential Russia-Ukraine peace deal outweighed worries over ...
Ahead of the 2026 national budget presentation by President Bola Tinubu, the Senate on Tuesday reduced the $64.8 oil price ...
A loss of Venezuelan oil production in case of a U.S. military intervention will materially impact global benchmark prices as ...
On Thursday morning, West Texas Intermediate (WTI) crude oil prices took a downturn, opening the European trading session at ...
According to CME’s FedWatch Tool, markets are currently pricing in an 87% probability to a December rate reduction. Outside the Gulf, Egypt's blue-chip index eased 0.2%, with Telecom Egypt retreating ...
The Senate on Tuesday adopted far-reaching recommendations of its Committee on Finance, approving a downward review of ...
Gulf stock markets were subdued in early Tuesday sessions on soft oil prices, while investors awaited U.S. economic data to gauge the Federal Reserve's policy path.
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Senate lowers oil benchmark, approves N54.46tn budget
Nigeria's Senate approves a N54.46tn federal budget for 2026, slashing the crude oil benchmark to $60/barrel to shield the ...
The Senate on Tuesday approved the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), cutting ...
On Wednesday morning, West Texas Intermediate (WTI) crude oil prices saw a significant uplift, hitting $58.28 per barrel during early trading hours in European ...
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