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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Oil and gas
Energy
Dubai’s Dragon Oil’s $10 billion investment fueling Turkmenistan’s energy sector
The company eyes more offshore concessions in Turkmeinistan
Energy
Oil prices steady amid smaller U.S. inventory draw, Libya’s supply concerns
Brent oil futures for October delivery dipped slightly to $78.62 a barrel
Egypt
Egypt announces new oil discovery in Western Desert with daily yield of 7,165 barrels
The well was drilled to a depth of 270 feet into the Paleozoic sands
Energy
Oil prices rise on strong API data, ongoing supply concerns
Brent crude futures set to expire in October rose by 0.5 percent to $79.92 a barrel
Energy
UAE’s ADNOC deploys cutting-edge AI system Neuron 5 to boost operational efficiency
The innovative solution autonomously monitors equipment to optimize performance and enable preventive maintenance
Energy
Oil prices pause after recent surge amid Middle East tensions, Libyan shutdowns
Brent crude futures declined by 32 cents, or 0.39 percent, to settle at $81.11 per barrel
Economy
UAE’s non-oil foreign trade reaches record $379.81 billion in H1 2024
The country’s key exports like gold, jewelry, and metals have driven strong non-oil export growth, Al Zeyoudi says
Energy
Oil prices climb higher, boosted by geopolitical tensions and expectations of lower U.S. interest rates
Brent oil futures for October delivery advanced 0.8 percent to reach $79.59 per barrel
Egypt
Egypt outlines strategy to restore, increase oil and gas output to pre-pandemic levels by 2025 with foreign partners
The country is reviving ambitions to become regional LNG hub after clearing petroleum sector arrears
Energy
Oil prices flat, headed for bleak weekly performance amid demand concerns
Brent oil futures expiring in October edged up 0.1 percent to $77.26 per barrel
Energy
Oil prices weaken on U.S. labor data, demand outlook uncertain
Brent oil futures fell 0.1 percent to $75.95 a barrel
Energy
Oil prices slide on rising U.S. inventories, easing Middle East tensions
Brent crude futures declined by 0.1 percent, settling at $77.11 per barrel
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