Oil and gas

Saudi Arabia’s Aramco reports $106.2 billion net income for 2024

Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase

Oil prices drop to $71.07 on OPEC increase, Trump trade jitters

WTI crude futures dropped by 0.9 percent to $67.64 a barrel

Oil prices gain 0.25 percent on positive Chinese manufacturing data

Investors are now looking forward to China's annual parliamentary meeting for further insights into potential measures to support its economy

Oil prices fall to $73.30, on track for weakest month since September

Trump revoked Chevron's Venezuela license, halting imports and reinstated pressure on Iran's oil exports

UAE announces decrease in petrol prices for March 2025

Super 98 petrol will cost AED2.73 per litre, compared to AED2.74 a litre in February

Oil prices rise to $72.77 following two-month low as traders evaluate mixed U.S. inventory report

Crude Oil WTI Futures, set to expire in March, also saw a gain of 0.4 percent, reaching $68.53

Oil prices up 0.3 percent to $73.27, recovering from 2-month low; economic concerns persist

West Texas Intermediate (WTI) crude futures climbed 0.4 percent to $69.17 a barrel

Oil prices rise 0.6 percent to $75.19 as new U.S. sanctions on Iran ignite supply concerns

West Texas Intermediate (WTI) crude futures increased by 0.7 percent to $70.92 per barrel

Oil prices fall 0.3 percent to $74.24 amid weak U.S. economic data

West Texas Intermediate (WTI) crude futures fell 0.4 percent to trade at $69.97 per barrel

ADNOC completes $2.84 billion offering of ADNOC gas shares with 4.4x oversubscription

Offering was priced at AED3.40 per share, roughly 43 percent above the IPO price of AED2.37 per share

Abu Dhabi’s ADNOC to sell 4 percent stake in ADNOC Gas through marketed offering

The offering will only be open to qualified institutional and other investors in a number of countries, including the UAE

Sheikh Khaled reviews ADNOC’s growth initiatives, highlights joint projects’ importance for UAE’s decarbonization efforts

H.H. was briefed on XRG, ADNOC's new investment company targeting global energy transformations