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Oil and gas
Markets
Oil prices surge on fears of disruptions in Russia and Middle East, defying inventory build
Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel
Energy
Saudi Aramco emerges as world’s largest oil company with 259 billion barrels of reserves
The Saudi oil giant produced an average of 12.8 million barrels of oil per day in 2023
Markets
Oil prices fall amid dollar strength; U.S. inventory build spurs demand fears
Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel
Markets
Oil prices dip amid lingering demand concerns, U.S. inventory build
Brent oil futures expiring in August fell 0.1 percent to $84.90 per barrel
Banking & Finance
ADNOC Drilling’s new dividend policy to channel $4.79 billion to shareholders by 2028
The expected cumulative minimum yield from this new dividend policy during the 2024-2028 period is more than 27 percent
Markets
Oil prices edge higher on hopes of summer demand surge, potential supply disruptions
Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,
Markets
Oil prices dip as dollar rises, investors await key inflation data
Brent oil futures expiring in August fell 0.4 percent to $84.88 a barrel
Energy
Global energy demand reaches new high in 2023, fossil fuels maintain dominant share: Report
Energy transition stalls as global primary energy demand rises to 620 Exajoules in 2023
Markets
Oil prices poised for second consecutive weekly gain on improving demand, inventory declines
Brent crude futures for August delivery dipped slightly by 15 cents to $85.56 per barrel
Markets
Oil prices hover slightly below recent highs as traders monitor Middle East, await U.S. inventory report
Brent crude for August delivery rose 6 cents to $85.13 per barrel
Markets
Oil prices hover around $85 amid global tensions, inventory shifts
Brent crude futures edged up 2 cents to $85.35 per barrel
Markets
Oil prices decline but remain on course for weekly gains amid OPEC optimism
Brent oil futures expiring in August fell 0.6 percent to $82.22 a barrel
Markets
Oil prices dip amid rising U.S. inventories as Fed keeps interest rates steady
Brent oil futures expiring in August fell 0.5 percent to $82.24 a barrel
Energy
OPEC maintains forecast for 2.25 million bpd global oil demand growth in 2024, 1.85 million bpd in 2025
The organization forecasted 2.3 million bpd rise in world oil demand in the second half of 2024
Markets
Oil prices edge higher on declining U.S. inventories; investors await Fed announcement and inflation data
Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel
Logistics
Oman posts $6.7 billion trade surplus, merchandise exports reach $16.88 billion by end of March 2024
Total value of merchandise imports to the Sultanate amounted to $10.1 billion
Markets
Oil prices dip ahead of key Fed meeting, U.S. inflation data release
Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel
Energy
ADNOC pays $1.19 billion to ADNOC Distribution bondholders to redeem U.S. dollar denominated bonds
Following the redemption, ADNOC Distribution’s free float remains unchanged at 23 percent
Economy
Kuwait’s robust financial assets, projected at 418 percent of GDP, underpin ‘A+’ sovereign rating, stable outlook: Report
The report highlighted the ongoing structural and financial reforms in the country
Markets
Oil prices stabilize as traders await OPEC meeting, Fed cues
Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel
Energy
Kuwait new energy strategy takes off but oil still dominates
Revival of projects in the energy sector key to the country’s development
Energy
OPEC oil output rises in May, reaching 26.63 million barrels per day
This represents an increase of 145,000 bpd from April
Energy
Upstream oil and gas investment needs to rise 22 percent by 2030 to meet surging demand, $4.3 trillion required: Report
Global upstream oil and gas capital expenditure is expected to grow by $24 billion this yearÂ
Markets
Oil prices climb amid optimism for rate cuts, despite inventory build and demand concerns
Brent crude futures for August delivery rose 0.5 percent to $78.80 per barrel
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