Oil and gas

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

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

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

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

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

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

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

ADNOC Drilling greenlights $788 million 2024 dividend, boosts AI-driven expansion

The final shareholder-approved cash dividend payment for 2024 amounts to $394 million

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

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

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

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