Oil

Oil prices retreat as geopolitical concerns ease, demand concerns rise

Brent crude futures dropped 0.7 percent, or 53 cents, to $77.13 per barrel

Oil prices sink as China’s economic slowdown fuels demand concerns

Brent crude futures declined by 13 cents, or 0.2 percent, to $79.55 per barrel

Oil prices edge lower but set for weekly gains on U.S. optimism

Brent crude futures, expiring in October, fell 0.1 percent to $80.94 a barrel

Oil prices climb on rate cut hopes, but China concerns remain

Brent crude futures rose 0.21 percent to $79.93 a barrel

IEA trims 2025 oil demand forecast, cites weakened Chinese economy

The report expects robust demand in Western economies, especially the US, which consumes one-third of global gasoline

Oil prices rise as U.S. stockpiles shrink, Fed rate cut bets grow

Brent crude oil futures for the October delivery rose 0.5 percent to $81.09 per barrel

UAE’s ADNOC Drilling to join MSCI flagship indexes, boosting global visibility and investor appeal

The company will become the 12th member of the MSCI UAE index after meeting the necessary criteria

UAE’s diversified economy maintains robust growth in real estate, tourism, and manufacturing: OPEC

OPEC reported that the housing, utilities, and fuels sector rose to 6.7 percent YoY in June, up from 6.6 percent in May

Oil prices decline as OPEC lowers 2024 demand forecast amid China slowdown

Global benchmark Brent crude futures dipped 78 cents, or 0.95 percent, to $81.52 a barrel

OPEC cuts 2024 oil demand growth forecast to 2.11 million bpd on weaker Chinese demand

OPEC also cut next year's demand growth estimate to 1.78 million bpd from the previous 1.85 million bpd

Oil prices inch higher amid tightening U.S. supplies, potential Middle East disruptions

Brent crude futures rose 23 cents, or 0.3 percent, to $78.56 per barrel

Oil prices slide on bearish inventory data, persistent global economic slowdown fears

Brent crude oil futures for October delivery fell 0.5 percent to $76.13 per barrel

Oil prices rebound over 1 percent as Middle East tensions offset demand concerns

Brent crude oil futures for October delivery rose 1.3 percent to $77.29 per barrel

China’s maritime economy generates $678.55 billion in H1 2024, up 5.6 percent YoY

The sea area designated for use grew by 16.9 percent YoY, with ¥500 billion in projects

Oil prices head for fourth week of losses as demand worries outweigh supply risks

Brent oil futures for October delivery rose 0.4 percent to $79.84 per barrel

Qatar reports $711.58 million budget surplus on $16.39 billion total revenues for Q2 2024

The surplus was directed towards reducing public debt, and therefore there is no cash surplus

Oil price rallies amid Middle East tensions and OPEC+ meeting, China concerns linger

Brent oil futures expiring in October rose 0.5 percent to $81.24 a barrel

Abu Dhabi’s Borouge reports $308 million Q2 net profit, 33 percent YoY increase

Higher sales and cost efficiencies drove the company's highest-ever production volumes

Oil prices jump on robust U.S. fuel demand, inventory draws

Brent crude futures for September delivery jumped 1 percent to $79.45 per barrel

ADNOC’s offshore SARB field begins AI-enabled operations, raises capacity by 25 percent

Expansion supports ADNOC’s target to increase its production capacity to 5 million barrels of oil per day by 2027