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Oil and gas
Energy
Jordan’s new Watani company to optimize natural gas resources, lower energy costs
New company will supply gas to Amman and Zarqa, lowering costs in key sectors.
Energy
U.S. crude oil stockpiles surge by 244,000 barrels, gasoline inventories plummet by 4.5 million: EIA
U.S. crude imports surged 1.14 million barrels daily, the highest increase since late 2024
Energy
Oil prices climb to $67.99 on declining U.S. crude stocks, trade optimism
U.S. crude oil inventories fell by about 4.6 million barrels last week, per API data
Banking & Finance
ADNOC Group endorses $6.7 billion in dividend payments for 2024
Reinforcing commitment to shareholder value
Energy
Oil prices climb to $66.77 as Trump pressures Fed, tariffs cloud outlook
Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts
Energy
Oil prices fall to $66.86 as tariff concerns, economic uncertainty grow
Markets remained nervous about aggressive U.S. tariffs and the ongoing trade war with China
Energy
ADNOC Offshore awards ADNOC Drilling $1.63 billion five-year drilling services contract
As demand for advanced energy solutions increases, the growth of ADNOC Drilling’s IDS portfolio is a cornerstone of its strategy
Banking & Finance
GCC banks positioned to weather economic storms from U.S. trade policies: Report
New S&P report highlights GCC banks' solid strategies in volatile markets
Markets
Oil prices edge lower to $64.49 as IEA warns of slowing demand growth
U.S. West Texas Intermediate crude fell by 16 cents, also down 0.3 percent, to $61.17
Energy
OPEC, IEA slash global oil demand growth forecast amid trade tensions
The IEA revised global oil demand up by 730,000 bpd, down from 1.03 million
Energy
Oil prices rise to $65 on U.S. tariff exemptions, China crude demand
Trump is considering changes to the 25 percent tariffs on foreign auto imports from various regions
Op-eds
Gulf Arab States develop electric vehicle infrastructure to curb emissions
The UAE plans to have EVs account for 50 percent of car sales by 2050
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