Oil and gas

Oil prices climb on hopes for Chinese stimulus with Brent at $72.68 and WTI at $76.08

Both oil contracts are on track to achieve a second consecutive weekly increase

Abu Dhabi’s Q3 2024 GDP expands 4.5 percent, marking record quarterly high of $82.2 billion

Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum

Oil prices rise to $75.13 following 1.4 million barrel decline in U.S. inventories

Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel

UAE: Petrol, diesel prices for January 2025 announced

Since 2015, the UAE diesel and petrol prices have been moving in line with the international markets.

Oil prices rise to $74.51 following Chinese manufacturing data, but set for yearly decline

WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel

Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data

U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel

4 key factors shaping the global economic landscape in 2025

Developing economies will be the most vulnerable to the challenges shaping the global economy in 2025

Oil prices steady at $73.22 and $69.19 amid holiday trading slowdown

Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes

Saudi Arabia’s non-oil exports rise by 12.7 percent in October

National non-oil exports, excluding re-exports, saw a rise of 5.1 percent

Crude oil prices rise 0.2 percent on new China stimulus, U.S. inventory declines

Brent oil futures increased by 0.2 percent, reaching $73.71 a barrel

Sharjah approves $11.4 billion budget for 2025, largest in emirate’s history

The budget empowers agencies to fund initiatives, provide housing for citizens, and upgrade tourism infrastructure