Brent oil falls on Saudi oil minister's comments
Oil Well Pumper.
New York - XINHUA
Brent Oil price ended lower on Tuesday after Saudi Energy Minister Khalid Al-Falih said there is currently no need to limit oil output.
"There is no need now to freeze production," said Al-Falih in an interview on Monday in Hangzhou, China. "It is among the preferred options, but it is not necessary today. The market is improving day by day." He added.
Analysts said his remarks dented market expectation for an immediate output freeze, weighing on the Brent oil price on Tuesday.
Meanwhile, U.S. oil for October, which did not settle on Monday due to the Labor Day holiday, inched up mildly on Tuesday.
The West Texas Intermediate for October delivery added 0.39 U.S. dollars to settle at 44.83 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery lost 0.37 dollars to close at 47.26 dollars a barrel on the London ICE Futures Exchange.
Source : XINHUA
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy Minister
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:21 2016 Wednesday ,23 March
cartoon eleven
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgery
GMT 10:08 2018 Wednesday ,24 January
Microsoft to open 4 data centres
GMT 04:54 2018 Tuesday ,23 January
Sundance debuts dark tale of triplets split at birth
GMT 05:04 2024 Tuesday ,06 February
Skincare PR Performance Full Year 2017
GMT 12:13 2016 Thursday ,29 December
Scarlett Johansson named biggest box office draw
GMT 11:22 2018 Tuesday ,23 January
to 'eternal style' of late Alaia
GMT 22:04 2018 Saturday ,06 January
Ian Botham at the crease in Sharjah
GMT 17:52 2017 Monday ,18 September
Online registration for issuing, renewing driving licence
GMT 10:49 2017 Wednesday ,22 March
UN rejects coalition call to supervise Yemen port
GMT 11:10 2018 Thursday ,30 August
Ariana Grande will perform at Aretha Franklin’s funeral
GMT 22:40 2016 Tuesday ,31 May
Messi absent as his tax fraud trial opens in Spain
GMT 03:13 2016 Thursday ,01 September
Pilot of crashed Swiss fighter jet found dead
GMT 12:36 2016 Wednesday ,24 August
Aretha Franklin cancels shows on doctors' orders
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor