Gas-based projects worth upwards of $25 billion are currently in the execution phase in Abu Dhabi, with several other key gas ...

Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East ...

(Bloomberg) -- Oil prices in the Middle East tumbled as the prospect of higher supplies from OPEC+ sparked a selloff in the region’s crudes. The cost of Oman crude on the Gulf Mercantile ...

The Brent oil price thus almost made up for the losses since the beginning of March. The current escalation in the Middle East provided a tailwind, as this justifies a certain risk premium on the ...

This would give an initial boost to oil-exporting Middle East countries. But bad news may lie ahead as oil demand slows due to weakened global trade and shipping. "The macro outlook for MENA ...

Japan’s dependence on oil from the Middle East has risen to a record level at a time when global oil markets are haunted by Russia’s war in Ukraine and the Israel-Hamas conflict. Today ...

Concerns over a negative impact on oil supplies in the Middle East are decreasing after Israel and the Hamas militant group agreed on a ceasefire, Ms Torsang said. Demand for oil, especially from ...

ADNOC has started trading Dubai crude oil through the S&P Global Platts pricing process, a rare action for a Middle Eastern national oil company. These trades impact the Dubai/Oman average ...