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Oil slump News

09 Feb 2016

Oil slumps on IEA’s gloomy market outlook

Oil resumed heavy falls on Tuesday, erasing earlier gains in highly volatile trade, after the International Energy Agency issued a gloomy market outlook.

05 Apr 2015

Qatar`s economy grows more than 6% in 2014

Shrugging off any fears regarding the oil price slump, the energy-rich Gulf economy expanded by 6.2 percent last year, according to the ministry of development planning and statistics.

09 Dec 2014

Asian shares retreat on profit-taking, oil slump

Asian markets retreated on profit-taking Tuesday after a healthy run-up over the past week, with Shanghai tanking more than five percent, while energy firms took a hiding as oil prices hit fresh five-year lows.

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