Skip to main content Skip to footer 
Brent crude prices gained 0.51 percent to $74.67 but were set to fall 2.8 percent this week
Adjusted revenues increased by 7 percent in 2024 to $24.43 billion driven by a 2 percent increase in sales volume
Analysts expect markets to remain volatile in the coming weeks as investors adjust to Trump's new policy positions and tariffs
Crude oil WTI futures for March delivery rose by 0.1 percent, reaching $72.44 a barrel
EIA was removed due to inadequate communication, not because of political motivations or pressures, OPEC said
Crude oil WTI futures expiring in March dropped 1 percent to $71.70 a barrel.
The focus on oil prices increase highlights concerns over potential supply disruptions from Canada and Mexico
The company achieved record growth in its net profits for Q4 2024, reporting a net profit of AED502 million
Attention focused on key U.S. PCE inflation data later today for clues on interest rates
In December, UAE petrol and diesel prices hit their lowest for 2024, continuing into 2025
West Texas Intermediate crude futures climbed 0.3 percent to $72.81 a barrel
Crude prices saw some losses this week amid concerns over weak Chinese economic data
DeepSeek questions the need for data center investments, suggesting fewer centers may lower energy demand
Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity
West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel
A milestone in sustainable oil production
West Texas Intermediate crude futures dropped by 0.2 percent, settling at $75.27 per barrel
Market participants are focusing on upcoming U.S. inventory data for insights into supply dynamics
Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million
ADNOC become the sixth most valuable oil and gas brand globally, overtaking international supermajors TotalEnergies and bp
This follows the July 2024 Al-Nokhatha field discovery, with reserves of 3.2 billion barrels
West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel
West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel
DoE has established an ambitious target of achieving 200 megawatts of DR capacity by 2030
