Oil prices
U.S. crude stockpiles declined by 3 million barrels to 423.7 million in the week ending August 1
OPEC+ agreed to boost oil production by 547,000 barrels per day for September, ending cuts
Adjusted net income reached $24.5 billion in the second quarter of 2025 and $50.9 billion in the first half of 2025
OPEC+ agreed to increase oil production by 547,000 barrels per day for September
OPEC+ aims to regain market share with significant production increases amid slowing U.S. economy
Trump's new tariffs on U.S. trading partners are scheduled to take effect on August 1
UAE’s fuel pricing reflects international crude oil prices and ensures economic stability nationwide
U.S. crude oil inventories unexpectedly rose by 7.7 million barrels in the week ending July 25, reaching 426.7 million barrels
Trump plans secondary tariffs of 100 percent unless Russia resolves its conflict within 10 daysÂ
The U.S.-EU agreement imposed a 15 percent tariff, averting a major trade war impact
The U.S.-EU deal, announced on Sunday, establishes a 15 percent import tariff on most European goods
