Oil and gas
The U.S. dollar index gained 0.15 percent to 104.01 on Friday, making crude more expensive for foreign buyers
U.S. oil demand remained strong as distillate inventories fell more than expected by 2.8 million barrels
Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged
The final shareholder-approved cash dividend payment for 2024 amounts to $394 million
UAE investments in the U.S. reached approximately $3.7 billion between 2018 and 2023
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel
Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
Nasser noted that new energy sources do not replace traditional ones; they complement them
West Texas Intermediate crude futures fell by 0.8 percent to $65.15 a barrel
