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Oil
Energy
Oil prices slide to two-month low ahead of OPEC meeting, Fed policy decisions
Brent oil futures expiring in September fell 0.2 percent to $79.63 per barrel
Economy
UAE, Chile sign CEPA to boost non-oil trade through tariff cuts and eased barriers
The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships
Markets
Oil prices flat as demand outlook and supply glut concerns weigh
Brent oil futures expiring in September rose slightly by 0.2 percent to $81.25 a barrel
Markets
Oil prices steady on strong U.S. GDP, but headed for third weekly losses
Brent oil futures expiring in September were stable at $82.38 per barrel
Markets
Oil prices slip amid concerns over China’s demand, pending U.S. economic data
Brent crude futures for September delivery slipped 0.5 percent to $81.26 per barrel
Economy
Kuwait sees deficit of $5.23 billion in FY 2023/24 despite non-oil revenue growth
The country's total revenue in fiscal year 2023-2024 was KWD23.645 billion
Markets
Oil prices rebound after recent losses as industry data shows inventory drop, but surplus looms in 2025
Brent oil futures for September delivery rose 0.5 percent to $81.40 per barrel
Logistics
UAE’s ADNOC L&S invests $1.9 billion in supersize ethane carriers and ammonia vessels
The VLECs will be deployed on 20-year time charter contracts, generating an estimated $4 billion in revenue
Markets
Oil prices fall to 1.5-month low amid weak outlook and surplus concerns
Brent oil futures expiring in September fell 0.2 percent to $82.26 a barrel
Markets
Oil prices retreat amid doubts about China’s demand outlook, signaling weekly losses
Brent oil futures for September delivery shed 0.5 percent to $84.73 per barrel
Markets
Oil prices rise amid declining U.S. crude inventories, Fed rate cut expectations
Brent futures, the global oil benchmark, rose 32 cents, or 0.4 percent, to $85.40 per barrel
Economy
Oman’s GDP expands 1.7 percent in Q1 2024, reaching $24.77 billion
Crude petroleum activities declined by 3.3 percent, recording OMR2.55 billion
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