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West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel
In 2024, DEWA Group delivered another year of strong performance, reporting consolidated full-year revenue of AED30.98 billion
The U.S. dollar index gained 0.15 percent to 104.01 on Friday, making crude more expensive for foreign buyers
Company’s aims to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly-owned operated assets by 2050
Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged
The agreement was the result of six months of negotiations and aims to enhance cooperation at all levels
The final shareholder-approved cash dividend payment for 2024 amounts to $394 million
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
Upon shareholder and regulatory approvals, the share buyback would be conducted through open market transactions
West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel
Pan-African energy provider will introduce its advanced solar technologies and expertise to the UAE
Expectations of lower Russian oil supply in the near term provided some support to oil prices
Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar
IEA says the world needs to invest $700 billion per year by 2040
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
Nasser noted that new energy sources do not replace traditional ones; they complement them
West Texas Intermediate crude futures fell by 0.8 percent to $65.15 a barrel
AIQ expects the first operational, scalable version of ENERGYai to be completed in mid-2025
This transaction highlights Mubadala's strategy of value capture through strategic exits, positioning Calisen for future growth
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
