Oil and gas
Both contracts saw a rise of over 1 percent after the U.S. and China paused tariffs
UAE energy investments in the U.S. expected to reach $440 billion by 2035 as part of strategy
GASTAT measures prices through a fixed basket of 490 goods and services paid by consumers
Both Brent and WTI were up 1 percent so far this week after a surge earlier in the week
The International Energy Agency (IEA) expects global oil stocks to rise by over 700,000 b/d across the year
Boeing and GE Aerospace secured a $14.5 billion commitment from Etihad Airways
Expectations of a significant increase in U.S. oil inventories tempered optimism in the market for now
U.S. and China cut tariffs temporarily, boosting markets but leaving uncertainties unresolved.
EBITDA rose by 20 percent to $343.6 million, driven by robust performance across all business segments
Chinese Vice Premier He Lifeng said a U.S.-China joint statement would be released on Monday
Despite signs of easing tensions, analysts cautioned that the recent tariff-driven volatility in the oil market was not over yet
