Russia

Oil prices dip to $79.24 amid Trump’s push for increased energy production

Market participants are focusing on upcoming U.S. inventory data for insights into supply dynamics

Saudi Aramco CEO anticipates 1.3 million barrels per day increase in oil demand this year

Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million

Oil prices drop to $80.6 as Trump declares national energy emergency

West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel

Oil prices up 0.2 percent to $80.91 amid supply concerns, Trump’s inauguration caution

West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel

UAE gold prices largely steady, global rates rise ahead of Trump’s inauguration

The Federal Reserve will likely hold interest rates steady on January 29

IMF projects 3.3 percent global growth in 2025, inflation to fall to 3.5 percent by 2026

Despite the stable global growth forecast, disparities among countries are widening

UAE, Russia sign double taxation avoidance draft agreement to boost economic cooperation

This agreement seeks to establish a stable and investment-friendly tax framework and eliminate tax barriers

Oil prices climb to $81.63, 0.4 percent surge driven by strong Chinese economic data

Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel

UAE gold prices rise AED1.5, global rates hover near 1-month high

Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year

Oil prices rise to $82.35 amid soft U.S. inflation, tightening global supply concerns

Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel

Oil prices steady at $79.95 amid key U.S. inflation data release

Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel

The OPEC+ will face pitfalls of geopolitics, U.S. energy shift in 2025

Since October 2022, the organization has cut crude oil production by 5.8 million barrels per day