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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
Construction is set to commence in late 2025
The agreement, subject to standard conditions, supports the company's strategy to expand its global retail network
Brazil will serve as an advisor in the Charter of Cooperation, without production or price obligations
This deal includes a 4.6-gigawatt power generation portfolio and 1.114 million cubic meters of desalination
West Texas Intermediate crude futures also experienced a 0.3 percent rise, reaching $72.03 per barrel
Agreement will enhance collaboration to provide reliable, sustainable electricity for African communities
Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel
The Kingdom aims to achieve a storage capacity of up to 48 gigawatt-hours by 2030
China will marginally remain the largest source of growth, even as the pace of its expansion is a fraction of recent trends
Crude Oil WTI Futures expiring in March were similarly muted at $70.69 a barrel
GCCIA, QFFD signed a landmark financing deal for Oman direct interconnection project
The company's revenues surged 32 percent to $4.03 billion last year
This week, Brent was up 0.7 percent and WTI rose 0.5 percent
Al Tayer: "We have reduced CML in the emriate from 6.88 minutes per year in 2012 to just 0.94 minutes in 2024
The group's capital expenditure increased by 63.8 percent to AED9.2 billion
Russia is the world's third-largest oil producer and sanctions imposed on its crude exports have supported higher prices
OPEC noted that it remains to be seen how and to what extent potential U.S. tariffs and other policy measures will play out
Group's earnings per share rose by 36 percent while total assets grew 59 percent to AED33.2 billion
