Oil prices hit 11-day low: How US-Iran talks, Saudi shipments drive crude lower

Oil prices fall as US-Iran talks and Saudi oil shipments ease supply fears. (Pexel/Representative image) (Pexel)

Oil prices fell to their lowest level in 11 days on Monday, as investors looked for signs that the US-Iran conflict could move toward diplomacy and watched for a recovery in Saudi Arabia’s oil shipments. Oil prices fall as US-Iran talks and Saudi oil shipments ease supply fears. (Pexel/Representative image) (Pexel) Brent crude futures fell … Read more

What is driving oil prices lower today? Saudi shipments ease supply fears as Brent stays above $100

Oil prices fall as Saudi crude shipments through Oman ease supply concerns. (Pexel/Representative image) (Pexel)

Oil prices fell on Thursday, extending the losses seen in the previous session. The decline came after reports that Saudi Arabia was arranging additional crude shipments through Oman, easing some fears about a shortage of oil. However, oil prices remained above $100 a barrel because traders are still worried that the Middle East conflict could … Read more

Dubai-Oman green corridor comes online: UAE opens new routes to speed up sea and air cargo movement

Dubai-Oman green corridor comes online: UAE opens new routes to speed up sea and air cargo movement

Dubai-Oman Green Corridor launched: Game changer for global trade Dubai and Oman have launched a “green corridor” for air and sea freight in a move that could redefine logistics across the Gulf, promising faster, more efficient and streamlined trade between Asia, the Middle East and Africa. middle East and beyond. At a time when global … Read more