Skip to main content Skip to footer Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,
Brent oil futures expiring in August fell 0.4 percent to $84.88 a barrel
Brent crude futures edged up 2 cents to $85.35 per barrel
Dollar accounts for over 60 percent of global central bank reserves, making it the world’s most widely held currency
These projects showcase UAE's commitment to energy sustainability, reducing fossil fuel reliance
Russia sees the UAE market as a promising hub for conducting trade with Middle Eastern and African countries
Western Europe leads number of visitors to Dubai with 773,000 tourists
The rise in prices is fueled by geopolitical tension and supply concerns
Escalating geopolitical tensions and ongoing supply restrictions propel oil prices
Mixed U.S. inventories impact crude oil gains, production offset by fuel demand
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
Iraq and Nigeria lead reductions, maintaining OPEC's commitment to supply restraint
China and U.S. demand boost prices amid Middle East conflict
Department forges strategic alliances within Russian and CIS markets
China's manufacturing activity expanded for the first time in six months in March
Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months
Market concerns rise as major producers hold output policy steady
Globally, prices continued to rise above the mid-$2,150 mark
The attacks caused potential disruptions to oil capacity, estimated at 900k bpd
Rising tensions fuel fears of supply disruption
Central bank signals prolonged tight monetary policy amid economic challenges
Fed, PMIs awaited for more economic cues
Surging prices fueled by refinery activity, China demand, and Middle East disruptions
Surprise decline in U.S. crude stockpiles supports prices