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Oil and gas
Energy
Oil prices slip to $71.88 amid Trump tariffs, Russia-Ukraine talks
West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel
Economy
UAE to invest $1.4 trillion in U.S. economy over 10 years, says White House
Emirates Global Aluminum plans to invest in the first new aluminum smelter in the U.S. in 35 years
Economy
Moody’s affirms UAE’s Aa2 rating citing strong economic diversification momentum
The UAE's rating takes into account the strong support from the government of Abu Dhabi, said the agency
Economy
Qatar’s economy grows 2.4 percent in 2024 to $195.72 billion
In 2024, Qatar's non-oil activities accounted for nearly 64 percent of total GDP
Energy
Oil prices rise 0.37 percent: Iran sanctions, planned OPEC+ cuts set prices for second weekly gain
The U.S. dollar index gained 0.15 percent to 104.01 on Friday, making crude more expensive for foreign buyers
Markets
Oil prices rise 0.51 percent on weaker dollar, renewed Middle East tensions
U.S. oil demand remained strong as distillate inventories fell more than expected by 2.8 million barrels
Energy
Oil prices dip to $70.25 on oversupply fears after Russia-Ukraine truce
Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged
Energy
ADNOC Drilling greenlights $788 million 2024 dividend, boosts AI-driven expansion
The final shareholder-approved cash dividend payment for 2024 amounts to $394 million
Logistics
UAE-U.S. merchandise trade grows 9.47 percent to $34.43 billion in 2024
UAE investments in the U.S. reached approximately $3.7 billion between 2018 and 2023
Energy
Oil prices climb to $71.32 amid Mideast tensions, China’s stimulus
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
Energy
Oil prices rise to $71.73 on Red Sea tensions, China’s new plan
West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel
Energy
Oil prices steady after rising above $70; recession and oversupply fears linger
Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar
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