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Middle East stocks: Saudi benchmark slips as financials weigh; other Gulf markets nearly flat

Stock markets in the United Arab Emirates ended higher on Monday, extending gains from the previous session following Dubai's plans to increase tourism capacity, while the Saudi index was hit by its banking shares.

Saudi arabiaUnited arab emiratesUnited statesAbu dhabiAbuz abyShamsuddin mohdThomson reuters trust principlesAldar propertiesFirst abu dhabi bankInvestment companyEmaar propertiesIndustries qatarAl rajhi bankNational commercial bankOrganization of the petroleum exporting countriesNational commercial

Brent crude floats near $70 on demand recovery anticipation

Brent crude hits $70 as China energy demand outlook brightens By Noah Browning © Reuters/Angus Mordant FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin By Noah Browning LONDON (Reuters) - Oil prices rose on Monday, with Brent reaching $70 a barrel, as data showed China s economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world s largest oil importer. Brent crude futures for May was up 10 cents, or 0.1%, at $69.32 a barrel by 0947 GMT while U.S. West Texas Intermediate crude for April was at $65.73 a barrel, up 12 cents, or 0.2%.

Saudi arabiaUnited statesNew south walesFlorence tanMichael mccarthyBaker hughes coOrganization of the petroleum exporting countriesAngus mordantPermian basinTexas intermediatePetroleum exporting countriesLunar new yearBaker hughesLincoln feastசவுதி அரேபியாஒன்றுபட்டது மாநிலங்களில்

Oil falls, giving up earlier gains on strong Chinese data

<div class="at-above-post addthis tool" data-url="https://www.metro.us/oil-slips-retreats-from/"></div>NEW YORK (Reuters) – Oil prices edged lower on Monday, pulling back from early gains fostered on strong Chinese economic news and ongoing supply restraint from major oil producers. Crude benchmarks have steadily climbed throughout 2021 as major oil producers restrained supply and coronavirus vaccine distribution quickened, feeding hopes of stronger economies and fuel demand. […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/oil-slips-retreats

Saudi arabiaUnited statesNoah browningFlorence tanJeffrey halleyDavid evansBob yawgerOrganization of the petroleum exporting countriesTexas intermediatePetroleum exporting countriesMarguerita choyசவுதி அரேபியாஒன்றுபட்டது மாநிலங்களில்நோவா பிரவுனிங்புளோரன்ஸ் பழுப்புஜெஃப்ரி ஹாலே

Brent crude floats near US$70 on demand recovery anticipation

Brent crude floats near US$70 on demand recovery anticipation
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Saudi arabiaUnited statesNew south walesMichael mccarthyBaker hughes coOrganization of the petroleum exporting countriesTexas intermediatePetroleum exporting countriesLunar new yearBaker hughesசவுதி அரேபியாஒன்றுபட்டது மாநிலங்களில்புதியது தெற்கு வேல்ஸ்மைக்கேல் ம்க்கார்தீரொட்டி சுடுபவர் ஹக்ஸ் இணைஆர்கநைஸேஶந் ஆஃப் தி பெட்ரோலியம் ஏற்றுமதி நாடுகள்

Brent crude slips from $70 as outlook brightens but inflation weighs

<div class="at-above-post addthis tool" data-url="https://www.metro.us/oil-slips-retreats-from/"></div>NEW YORK (Reuters) – Oil prices edged lower on Monday, pulling back from early gains fostered on strong Chinese economic news and ongoing supply restraint from major oil producers. Crude benchmarks have steadily climbed throughout 2021 as major oil producers restrained supply and coronavirus vaccine distribution quickened, feeding hopes of stronger economies and fuel demand. […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/oil-slips-retreats

Saudi arabiaUnited statesCity ofUnited kingdomNoah browningFlorence tanJeffrey halleyBjarne schieldropDavid evansBaker hughes coOrganization of the petroleum exporting countriesTexas intermediatePetroleum exporting countriesBaker hughesLouise heavensசவுதி அரேபியா