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EIA was removed due to inadequate communication, not because of political motivations or pressures, OPEC said
Crude oil WTI futures expiring in March dropped 1 percent to $71.70 a barrel.
The focus on oil prices increase highlights concerns over potential supply disruptions from Canada and Mexico
Attention focused on key U.S. PCE inflation data later today for clues on interest rates
In December, UAE petrol and diesel prices hit their lowest for 2024, continuing into 2025
In 2024, Saudi Arabia’s economy rebounded, with real GDP increasing by 1.3 percent year-over-year
West Texas Intermediate crude futures climbed 0.3 percent to $72.81 a barrel
Crude prices saw some losses this week amid concerns over weak Chinese economic data
DeepSeek questions the need for data center investments, suggesting fewer centers may lower energy demand
Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity
Explore how regional macroeconomic indicators affect currency pairs involving GCC currencies like the AED and SAR
Non-hydrocarbon sectors thrive due to tourism, construction, public spending, and growth in financial services
