Oil
Each of the six companies showed strong financial results and progress on strategic priorities
Trump's deadline extension for EU trade talks aims to alleviate concerns about tariffs and fuel demand
Investors await upcoming U.S. oil stock data from the EIA later on Wednesday
Both organizations will collaborate on petroleum services, operations, and maintenance for enhanced efficiency
Moody's downgrade of U.S. credit rating raises concerns about economic outlook and oil prices
The awards cover critical sectors, emphasizing ADNOC's commitment to prioritizing local suppliers in procurement
Both contracts saw a rise of over 1 percent after the U.S. and China paused tariffs
UAE energy investments in the U.S. expected to reach $440 billion by 2035 as part of strategy
GASTAT measures prices through a fixed basket of 490 goods and services paid by consumers
U.S. crude stockpiles rose by 3.5 million barrels to 441.8 million barrels in the week ended May 9
Expectations of a significant increase in U.S. oil inventories tempered optimism in the market for now
