Following a $3 per barrel average global price increase in March, petrol prices for April increased by 12 fils per litre in the UAE
Following a $3 per barrel average global price increase in March, petrol prices for April increased by 12 fils per litre in the UAE
Hedge funds and other money managers sold the equivalent of 23 million barrels
The sale and purchase agreement with TotalEnergies finalises a deal announced in October
Green Giant project is set to deliver 500 MW of solar power
Prices could skyrocket if Iran closes the Straits of Hormuz
Move will consolidate Abu Dhabi's role as a key player in the green hydrogen sector
Adnoc will pay up to $1.195 billion, along with up to $4.18 million in applicable interest
Fallout from Iran's actions were to an extent priced in by markets
It will be difficult to maintain Brent above $90 a barrel in the second half of the year