कोशिश गोल्ड - मुक्त
Oil may fall below $60 as banks warn of glut
Gulf News
|July 08, 2025
Third straight output hike by Opec+ risks tipping market into oversupply
Crude oil prices could fall below $60 a barrel in the coming months as a fresh wave of supply from Opec+ meets weakening global demand, top investment banks have warned.
On Saturday, Opec+ agreed to raise production by 548,000 barrels per day in August — the third monthly hike in a row and part of a plan to fully reverse its voluntary supply cuts by September, a full year ahead of schedule. The move reflects confidence in near-term consumption but risks flooding the market by year-end.
Bearish outlook
यह कहानी Gulf News के July 08, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Gulf News से और कहानियाँ
Gulf News
Dubai schools offer flexible payment plans
Initiative also includes discounts and deferred payments
2 mins
May 15, 2026
Gulf News
UAE’s Opec exit brings Brics risks and rewards
On 1 May 2026, the UAE formally withdrew from the Organisation of the Petroleum Exporting Countries (Opec) and the broader Opec+ framework, ending a 58-year membership.
2 mins
May 15, 2026
Gulf News
Aligning curriculum with real-world demands
The University of Greater Manchester, Academic Centre - Ras Al Khaimah continues to strengthen its position as a forward-looking institution committed to delivering industry-relevant education in the UAE.
1 mins
May 15, 2026
Gulf News
Why Dubai Holding deepened its bet on Emaar Properties
The Dh24b deal for a 22% stake reflects confidence in Dubai property market
1 mins
May 15, 2026
Gulf News
Sharjah cuts attestation from 6 days to 3 minutes
Move advances UAE’s Zero Government Bureaucracy goals
1 min
May 15, 2026
Gulf News
Dubai’s consistent endurance is no mirage
Dubai has, over the past two decades, demonstrated a consistent ability to navigate global financial crises and a pandemic.
1 mins
May 15, 2026
Gulf News
Helping students excel in today's competitive global landscape
Symbiosis Dubai is the first Indian university in Dubai to launch with full accreditation from the Commission for Academic Accreditation (CAA) and the Knowledge and Human Development Authority (KHDA), under the Ministry of Higher Education and Scientific Research (MOHESR), UAE.
1 min
May 15, 2026
Gulf News
We are confident in DP World: Hamdan
He reaffirms trust in the logistics giant to ‘overcome challenges’
1 min
May 15, 2026
Gulf News
GIP, Adnoc, Temasek and L’Imad tie-up targets $30b
Investment focus on energy, transport, logistics and digital infrastructure
1 min
May 15, 2026
Gulf News
DUBAI PROPERTIES PUSH PAST REGIONAL UNCERTAINTY
Off-plan demand, luxury sales and infrastructure-led expansion keep Dubai real estate moving
3 mins
May 15, 2026
Listen
Translate
Change font size