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Trump intensified trade tariffs, raising worries about slowing economic growth and declining demand
OPEC+ now aims to return 411,000 barrels per day to the market in May, up from 135,000 bpd as initially planned
Imports of oil, gas and refined products were exempted from the new tariffs, the White House said
Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies
Tariffs that increase vehicle prices may suppress auto sales and, consequently, the demand for oil products
U.S. dollar gained 0.13 percent to 104.32, making bullion less attractive for other currency holders
OPEC+ ready to move forward with scheduled output increase in May
Aramco's investments in China are currently in Fujian, Liaoning, Zhejiang and Tianjin
West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel
Emirates Global Aluminum plans to invest in the first new aluminum smelter in the U.S. in 35 years
The UAE's rating takes into account the strong support from the government of Abu Dhabi, said the agency
In 2024, Qatar's non-oil activities accounted for nearly 64 percent of total GDP
