Oil prices were mixed today and were headed for a second weekly decline as a continued US blockade of Iran eased fears of renewed fighting in the Middle East, though shipping attacks remained a supply risk.
Iraq’s oil output surged in October and production in the United Arab Emirates held near the previous month’s high, as Gulf producers increased crude flows despite shipping disruptions caused by the Iran war, the International Energy Agency said.
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
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