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Oil prices fall almost 6% as hopes of a US-Iran agreement resurface.

Business Staff Writer -
Fresh diplomatic momentum fuels expectations of more Iranian oil reaching global markets. Global oil prices tumbled in early Asian trading on Monday, erasing much of...

Will UAE petrol prices rise in August after crude oil crosses $100?

Business Staff Writer -
Oil tops $100 as Red Sea tensions intensify, clouding outlook for another petrol price cut. Dubai: UAE motorists could face another change in fuel prices...

Oil crosses $91 again as Brent hits five-week high amid US-Iran tensions and Houthi threats

Business Staff Writer -
Investors watch US stockpile data for signs of whether oil’s rally can continue. Global oil prices extended their gains in early Asian trading on Wednesday...

ADNOC gives the green light to the $6.2 billion Umm Shaif gas development project.

Business Staff Writer -
The Umm Shaif development will deliver over 600 million scfd of gas capacity, with production scheduled to commence in 2030. Abu Dhabi: ADNOC has sanctioned...

Brent crude surges above $90 following US-Iran strikes: What comes next for oil markets?

Business Staff Writer -
Oil prices climb on Strait of Hormuz threats, driving Brent to its highest level in a month and raising inflation fears. Dubai: Brent crude rose...
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