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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
Oil prices rise to $71.73 on Red Sea tensions, China’s new plan
West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel
Energy
Oil prices steady after rising above $70; recession and oversupply fears linger
Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar
Energy
Oil prices climb to $69.92 amid losses; OPEC report and tariff risks in focus
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
Energy
Saudi Aramco president calls for new global energy model balancing traditional and renewable energy sources
Nasser noted that new energy sources do not replace traditional ones; they complement them
Energy
Oil prices drop to $68.77, nearing three-year low on tariff fears
West Texas Intermediate crude futures fell by 0.8 percent to $65.15 a barrel
Energy
AIQ inks $340 million contract to deploy large-scale AI solutions across ADNOC operations
AIQ expects the first operational, scalable version of ENERGYai to be completed in mid-2025
Energy
Oil prices fall to $70.10 on weak Chinese inflation, Trump tariffs
West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel
Energy
Oil prices fall to $69.60, near annual lows amid tariff concerns
Attention turns to February's nonfarm payrolls data for insights on the U.S. economy
Energy
Oil prices rebound after dropping below $70 amid trade, supply concerns
Traders are concerned about U.S. tariffs and rising oil supplies from OPEC+ production increases
Energy
Oil prices fall to $70.93 as China stimulus, U.S. inventories weigh
U.S. President Trump followed through on threats of increased tariffs against China, Canada, and Mexico
Banking & Finance
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
Energy
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
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