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Equinor and Aker BP set out plans to develop four oil and gas discoveries with a total price tag of 14.5 billion Norwegian crowns ($1.69 billion) as part of Norway’s...
Oil gained for a fifth day on Wednesday, climbing towards $75 a barrel to its highest since April 2019, supported by a recovery in demand from the pandemic and a...
Oil prices reached their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly in the second half of 2021. Brent crude rose 77...
ENOC Group opened two new service stations in Sharjah, bringing the total number of ENOC’s service stations to nine in Sharjah and 155 across the UAE. Located in Al...
Oil prices rose on Wednesday after a drop in US crude inventories reinforced Opec’s robust demand outlook, while the market awaited fresh updates on the Colonial Pipeline outage. US West...
State-run oil producer Saudi Aramco beat analysts’ forecasts on Tuesday with a 30 per cent rise in first-quarter net profit and maintained its dividend payout, helped by strong oil...
Gulf Today Report Oil prices declined on Friday on worries of wider lockdowns in India and Brazil to control the COVID-19 pandemic. Brent crude fell 31 cents, or 0.5%,...
Farouq Fayadh, Staff Reporter Fuel prices in the UAE rose slightly by no more than 0.4 per cent or 1 fils for May over April prices, while diesel prices...
Gulf Today Report Oil prices gained on Thursday as a bullish forecast on economic recovery overshadowed the effect of the rise in COVID-19 cases in India, Japan and Brazil....
Gulf Today Report Oil prices rose on Wednesday on the forecast of recovery in global fuel demand, however, the surge in coronavirus cases in India and the unexpected build...
