Commodities
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Falling spare oil capacity underscores need for more investment, IEA says
It forecast global demand at 99.6mln bpd in 2022
Reuters NewsOil prices climb on upgrade to IEA demand forecast
Brent crude futures gained 87 cents, or 1.1%, to $84.05 a barrel
Reuters NewsSaudi energy minister dismisses calls for extra OPEC+ barrels
Saudi minister said OPEC+ would be adding 400,000bpd in November, and then again in the following months
Reuters NewsOPEC trims oil demand outlook for 2021, maintains 2022 projections
The non-OPEC supply growth in 2021 has been revised down by 0.3 mb/d from the previous month's assessment to now stand at 0.7 mb/d
ZAWYAOil rises on bigger-than-expected draw in U.S. fuel stocks
Brent crude futures gained 67 cents, or 0.8%, to $83.85 a barrel at 0647 GMT
Reuters NewsUAE oil minister says energy demand peaking, important to maintain market balance
The minister also said that the United Arab Emirates had spare oil production capacity
Reuters NewsOil rises on bigger-than-expected draw in U.S. fuel stocks
Brent crude futures gained 52 cents, or 0.6%, to $83.70 a barrel
Reuters NewsZawya Coverage
Emirates sees passenger traffic surging to 190,000 this weekend
Abu Dhabi's Mubadala Capital acquires Taco Bell franchisee - report
HSBC UAE secures first green deposit from Saudi-based bank
Orascom Construction consortium to build 500 MW wind farm in Egypt
Dubai property market is undervalued - UBS
Thursday Outlook: Asian shares rise; dollar takes a breather
Investors reckon on inflation bringing forward rate hikes around the world
Opinion
Asian equities and currencies enjoy post-G20 bounce
Oil prices also rebound as Russia and Saudi Arabia agree to maintain production cuts ahead of Opec+ meeting
No let-up in trade war likely even if tariffs are reduced
Weekly Q&A: Stephen Innes, co-founder and multi-asset trader at Vanguard Markets
Will risk appetite weaken further in Q3?
Brexit uncertainty and the threat of withdrawal without a trade deal has placed pressure on the pound
Oil weighed down by demand concerns despite Middle East tensions
Traders seem more concerned about lack of future demand than they do about potential disruptions to supply
