Energy
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
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
