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West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel
Attention turns to February's nonfarm payrolls data for insights on the U.S. economy
Traders are concerned about U.S. tariffs and rising oil supplies from OPEC+ production increases
U.S. President Trump followed through on threats of increased tariffs against China, Canada, and Mexico
The eight OPEC+ countries plan to fully compensate overproduced volumes by June 2026
Strategic shale oilfield development will create jobs and enhance regional economic growth significantly
Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase
WTI crude futures dropped by 0.9 percent to $67.64 a barrel
The new entity will be the world’s fourth largest producer of polyolefins
DEWA experienced a noteworthy 3.4 percent increase in its peak demand in 2024, reaching 10.76 GW
Investors are now looking forward to China's annual parliamentary meeting for further insights into potential measures to support its economy
Trump revoked Chevron's Venezuela license, halting imports and reinstated pressure on Iran's oil exports
Super 98 petrol will cost AED2.73 per litre, compared to AED2.74 a litre in February
The initiative will empower the broader aviation sector to make environmentally conscious choices
Crude Oil WTI Futures, set to expire in March, also saw a gain of 0.4 percent, reaching $68.53
West Texas Intermediate (WTI) crude futures climbed 0.4 percent to $69.17 a barrel
The collaboration focuses on investments in Africa, North America, and Central Asia across the critical minerals value chain
West Texas Intermediate (WTI) crude futures increased by 0.7 percent to $70.92 per barrel
West Texas Intermediate (WTI) crude futures fell 0.4 percent to trade at $69.97 per barrel
The EIA reported on Thursday that U.S. crude oil stockpiles rose, while gasoline and distillate inventories fell last week
The offering will only be open to qualified institutional and other investors in a number of countries, including the UAE
Together, the six companies reported a net profit surpassing $9 billion for the year
H.H. was briefed on XRG, ADNOC's new investment company targeting global energy transformations
Analysts forecasted that about 2.2 million barrels of crude was added to U.S. stockpiles in the week ended on February 14
