Oil
MoF stated that this surplus was directed towards reducing public debt, and therefore there was no cash surplus
To service the contract and explore future opportunities, ADNOC Drilling has incorporated Turnwell Industries
Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel
Solid budget and financial buffers, but reforms needed to reduce oil dependence
Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel
The Ras Al Sadr gas field has a production capacity of up to 100 million standard cubic feet of gas per day
Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel
Abu Dhabi’s non-oil GDP grew by 10.4 percent YoY in Q4 2023
Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel
OPEC projects demand for crude to reach 43.2 million barrels per day in 2024
Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel
