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Oil
Markets
Oil prices dip amid U.S. inventory surge, high CPI
Brent and WTI futures slipped by 0.5 percent
Energy
OPEC reaffirms 2.25 million bpd growth in global oil demand for 2024
Suggesting potential for even greater growth
Economy
WGS 2024: Transition to clean energy should not conflict with relying on oil, says Haitham Al Ghais
Dispensing oil for other energy sources is unrealistic, says OPEC secretary general.
Markets
Oil prices record marginal gains ahead of new economic data
Brent and WTI futures increased by 0.1 percent
Markets
WGS 2024: UAE committed to ensuring global oil market stability with OPEC+
Commitment to sustainability and global oil market stability takes center stage
Markets
Oil prices dip as geopolitical tensions ease
Putting an end to last week’s five-day rally
Markets
Oil ends week with some gains
Development in Middle East situation reflect on volatility of prices
Economy
OECD raises global growth outlook to 2.9 percent in 2024
Shipping and energy supply disruption are currently the most threatening factors to the global economy
Markets
Oil prices tick up on optimism of steady U.S. output
Production to surpass record high in 2025, EIA reports
Energy
Duqm refinery, a $9 billion joint venture between Oman and Kuwait to launch tomorrow
New refinery boasts a daily refining capacity of 230,000 barrels of crude oil
Economy
Saudi Arabia’s non-oil sector grew 4.6 percent in 2023
Report highlights economic diversification efforts and the impact of OPEC+ decisions on GDP
Economy
IMF revises Saudi Arabia’s economic growth forecast: 2.7 percent in 2024, 5.5 percent in 2025
Kingdom's economy achieved a growth rate of 8.7 percent in 2022
Markets
Oil prices fall as China’s economic activity weighs on sentiment
But set for monthly gain since September
Energy
Saudi Arabia’s Aramco to stick with 12 million barrels per day production capacity
Upon receiving a directive from the ministry of energy
Energy
Crude exports surge in Saudi Arabia, reaching five-month high
Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd
Markets
Oil prices stabilize following 2 percent uptick
Supply concerns in U.S. and Russia fueled a surge on Monday
Markets
Declining demand drives oil prices down
Marking commodity’s second consecutive loss
Energy
Top oil-producing countries in the world
U.S., Russia and Saudi Arabia occupy the top spots
Markets
Oil prices rise as OPEC forecasts strong global demand and weather disrupts U.S. production
OPEC maintains 2.25 mn bpd demand growth forecast
Energy
End-of-year turbulence overshadows COP28 success
Red Sea tensions add to shipping costs but energy flows unaffected
Economy
S&P Global Market Intelligence’s President Adam Kansler: Challenges remain for global economy, but positives in sight
Growth on the horizon for the MENA region, despite tensions
Logistics
China’s exports drop as crude oil imports hit record highs
Imports of crude oil increased last year by 11 percent
Markets
Oil prices see modest gains as U.S. demand rises, inventories fall
Brent and WTI increased 0.32 and 0.40 percent, respectively
Markets
Oil stabilizes amid Saudi Arabia’s sharp price cuts
Coming from an over 3 percent dip from previous session
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