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Sukuk issuance priced at 60 basis points over U.S. Treasuries attracted robust investor interest
U.S. WTI crude gained 41 cents, reaching $63.43
New company will supply gas to Amman and Zarqa, lowering costs in key sectors.
U.S. crude imports surged 1.14 million barrels daily, the highest increase since late 2024
U.S. crude oil inventories fell by about 4.6 million barrels last week, per API data
Reinforcing commitment to shareholder value
Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts
Markets remained nervous about aggressive U.S. tariffs and the ongoing trade war with China
As demand for advanced energy solutions increases, the growth of ADNOC Drilling’s IDS portfolio is a cornerstone of its strategy
New S&P report highlights GCC banks' solid strategies in volatile markets
U.S. West Texas Intermediate crude fell by 16 cents, also down 0.3 percent, to $61.17
The IEA revised global oil demand up by 730,000 bpd, down from 1.03 million
