Thursday, February 6, 2025

Economy

The rise of most Gulf stock markets coincided with the oil boom

Most Gulf stock markets closed higher on Monday, with oil prices rising after the OPEC+ group announced more production cuts in an unexpected move. The...

Despite posting record sales in the first quarter of 2023, Tesla shares fell 3%

Electric car maker Tesla fell more than 3% in premarket trading despite reporting record sales in the first quarter of the year. Yesterday,...

Goldman Sachs raises its Brent price forecast after sudden production cuts from OPEC+ via Reuters

© Reuters. An oil field in Texas in a photo from the Reuters archive. SINGAPORE (Reuters) - Goldman Sachs (NYSE: ) raised its forecast...

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