About: http://data.cimple.eu/news-article/7ae6e884d664ea4bbad71115e18b3edde80f85cdb089d6c7e8c8649b     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Stock markets in energy-rich Gulf states tumbled Thursday with Saudi shares down more than 4.0 percent following worldwide losses amid fears over the coronavirus pandemic and an oil price war. Dubai Financial Market dived more than 7.0 percent at the open on the last trading day of the week. Abu Dhabi shares dropped 6.0 percent. Stocks in gas-rich Qatar dropped 5.2 percent, while bourses in Bahrain and Oman were down 3.5 percent and 2.2 percent, respectively. The stock market in Kuwait was closed as authorities announced a shutdown of government offices for two weeks and cancelled international flights in a bid to prevent the spread of the coronavirus. Oil prices, the mainstay of Gulf economies, fell sharply on Thursday with Brent trading below $34 a barrel and WTI just above $31 a barrel. Gulf stock markets have sustained heavy losses this week after OPEC and its allies, led by Russia, failed to reach an agreement on addition oil production cuts to support prices. That triggered a price war reminiscent to 2015 as Saudi Arabia, the world's biggest exporter, and the UAE, OPEC's fourth-largest producer, pledged to flood the market with crude. The two Gulf nations said they will together boost supplies by at least 3.5 million barrels per day (bpd), to 16.3 million bpd, from April. Riyadh and Abu Dhabi, who like other Gulf states rely heavily on oil revenues, also unveiled plans to raise their production capacities by one million bpd each. oh/dr
schema:headline
  • Gulf stock markets slide on virus, oil fears
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software