Oil

Saudi Arabia GDP growth rate projected at 4 percent from 2025 to 2027: S&P

Vision 2030 initiatives expected to boost non-oil growth by 10 percent in the Kingdom

Kuwait discovers 800 million barrels of oil, 600 billion cubic feet of gas

This follows the July 2024 Al-Nokhatha field discovery, with reserves of 3.2 billion barrels

Oil prices drop to $80.6 as Trump declares national energy emergency

West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel

Oil prices up 0.2 percent to $80.91 amid supply concerns, Trump’s inauguration caution

West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel

Oil prices climb to $81.63, 0.4 percent surge driven by strong Chinese economic data

Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel

OPEC projects 1.4 million barrels per day increase in oil demand for 2026

The 2026 outlook matches OPEC's long-term view that oil consumption will keep increasing over the next two decades

Oil prices rise to $82.35 amid soft U.S. inflation, tightening global supply concerns

Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel

Oil prices steady at $79.95 amid key U.S. inflation data release

Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel

The global economy in 2025: Stability amid uncertainty

IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year

Oil prices decline to $80.77 from four-month high amid U.S. sanctions on Russian exports

Crude oil WTI futures for March also fell by 0.3 percent, reaching $77.12 per barrel

ADSW 2025 reveals key partnerships to drive sustainable progress efforts

The distinguished partners for ADSW 2025 include DoE, ADNOC, WWT, EGA, and EMSTEEL

Oil prices surge to $81.22 due to potential supply disruptions, cold weather

Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel

Oil prices rise by 0.4 percent driven by increased heating fuel demand, cold weather across U.S.

Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel

Oil prices plummet by 0.5 percent as U.S. inventories surge, China reports weak data

Brent crude futures for March delivery decreased by 0.5 percent, settling at $75.79 per barrel

Oil prices rise to $77.41 amid 4 million barrels drop in U.S. inventories

West Texas Intermediate crude futures also rose by 0.5 percent to $73.97 a barrel

Egypt targets 5-6 percent GDP contribution from mining sector

The minister announced plans to launch a Mineral Resources Portal and offer mining areas for investment in 2025 

Oil prices decline to $76.22 as economic data overshadows supply concerns

U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42

Oil prices climb on hopes for Chinese stimulus with Brent at $72.68 and WTI at $76.08

Both oil contracts are on track to achieve a second consecutive weekly increase

Abu Dhabi’s Q3 2024 GDP expands 4.5 percent, marking record quarterly high of $82.2 billion

Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum

Oil prices rise to $75.13 following 1.4 million barrel decline in U.S. inventories

Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel

UAE: Petrol, diesel prices for January 2025 announced

Since 2015, the UAE diesel and petrol prices have been moving in line with the international markets.

Oil prices rise to $74.51 following Chinese manufacturing data, but set for yearly decline

WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel

Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data

U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel