Oil and gas

Crude oil prices steady above $68.55 amid Trump’s tariff announcements, job market resilience

Trump's letters detail tariff rates ranging from 20 percent to 30 percent for 10 countries simultaneously

Saudi Arabia and Indonesia sign deals worth $27 billion in energy, aviation fuel services

Bilateral trade between the two nations reached $ 31.5 billion during the past five years

Oil prices fall 0.71 percent to $68.62 on concerns over weak U.S. demand

U.S. domestic crude inventories rose by 3.8 million barrels to 419 million barrels last week

Saudi Arabia boosts crude oil exports to highest in over a year ahed of OPEC meeting

The Kingdom's oil exports rose by 450,000 bpd in June, reaching 6.33 million bpd

Crude oil prices climb 2 cents to $67.15 as OPEC+ supply decision looms

Saudi Arabia's shipments increased by 450,000 bpd in June, marking the highest levels in over a year

Crude oil prices dip over 0.2 percent, settle above $66.45 amid OPEC+ and tariff concerns

OPEC+ plans to increase output by 411,000 barrels per day starting in August

How UAE is balancing oil production growth with renewable energy ambitions

Key investments of AED150 to AED200 billion target a significant increase in renewable energy capacity 

ADNOC Drilling awarded 5-year $800 million contract for oilfield services

This marks the fifth contract in just over two months, including a $1.63 billion five-year contract for Integrated Drilling Services

UAE fuel prices for July 2025 reveal increases in petrol and diesel rates

Super 98 petrol will now cost AED2.70 per litre, increasing from AED2.58 in June

Crude oil prices fall 0.19 percent above $67.6 as Middle East tensions ease, OPEC+ plans increase

The market has largely eliminated the geopolitical risk premium after the ceasefire announcement

Oil prices rise 0.33 percent to $67.9 as dip in U.S. crude stocks signals strong demand

Crude inventories dipped 5.8 million barrels, the EIA said, exceeding analysts' expectations for a 797,000-barrel decline

How fiscal policy, increased public spending are shaping GCC economic resilience in 2025

Total public spending in GCC countries is projected to reach $542.1 billion in 2025Â