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In December, UAE petrol and diesel prices hit their lowest for 2024, continuing into 2025
In 2024, Saudi Arabia’s economy rebounded, with real GDP increasing by 1.3 percent year-over-year
West Texas Intermediate crude futures climbed 0.3 percent to $72.81 a barrel
Crude prices saw some losses this week amid concerns over weak Chinese economic data
DeepSeek questions the need for data center investments, suggesting fewer centers may lower energy demand
Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity
Explore how regional macroeconomic indicators affect currency pairs involving GCC currencies like the AED and SAR
Non-hydrocarbon sectors thrive due to tourism, construction, public spending, and growth in financial services
West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel
West Texas Intermediate crude futures dropped by 0.2 percent, settling at $75.27 per barrel
Market participants are focusing on upcoming U.S. inventory data for insights into supply dynamics
Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million
