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UAE Petrol Prices Increase as Global Oil Markets Hit Multi-Year Highs Amid Supply Risks

The oil price surge continues to reshape global energy markets and fuel costs. The oil price surge has pushed crude benchmarks to multi-year highs....

UAE Oil Shift Sparks New Global Fuel Price Scenarios and Market Volatility

The UAE oil shift is drawing global attention as markets react to changing supply dynamics. This UAE oil shift signals a turning point for...

UAE Petrol Prices Increase as Global Oil Markets Hit Multi-Year Highs Amid Supply Risks

The oil price surge continues to reshape global energy markets and fuel costs. The oil price surge has pushed crude benchmarks to multi-year highs....

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UAE Petrol Prices Increase as Global Oil Markets Hit Multi-Year Highs Amid Supply Risks

The oil price surge continues to reshape global energy markets and fuel costs. The oil price surge has pushed crude benchmarks to multi-year highs....

Oman Energy Infrastructure Expands as OQGN Records Strong Financial Results and Capacity Growth

OQGN growth continues to strengthen Oman’s energy infrastructure and financial performance. OQGN growth reflects rising demand and strong operational expansion across the country. OQ Gas...

UAE Oil Shift Sparks New Global Fuel Price Scenarios and Market Volatility

The UAE oil shift is drawing global attention as markets react to changing supply dynamics. This UAE oil shift signals a turning point for...

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Iraq Hamrin Oil Field Deal Signed with HKN Energy

Iraq’s Ministry of Oil has secured a new deal with HKN Energy to develop the Iraq Hamrin oil field. This agreement strengthens Iraq’s efforts...

Qatar LNG Expansion Strengthens Global Energy Position

The Qatar LNG expansion continues to reinforce its position as a global energy leader while driving sustainable economic growth. The country’s diversification strategy is...

Iraq Oil Exports Talks Gain Momentum as APIKUR Supports Renewed Efforts

The Association of the Petroleum Industry of Kurdistan (APIKUR) welcomed the intensified Iraq oil exports talks between the Kurdistan Regional Government (KRG) and the...

UAE Oil Capacity Increase May Happen After 2027

The UAE oil capacity increase could take place beyond 2027 if global demand requires it, according to Energy Minister Suhail Mohamed Al Mazrouei. His...

Iraq Energy Partnership Grows with Russia’s New Agreements

Iraq's energy partnership with Russia is gaining momentum as both countries strengthen their collaboration in the oil and gas sector. This strategic alliance supports...

Iraq Secures US Tariff Exemption for Oil Trade

Iraq announced that its oil trade with the United States will not face the new 30 percent US tariff. This decision gives Iraq major...

Iraq Expands Najaf Refinery to Boost Fuel Production

Iraq has officially launched the Iraq Najaf refinery expansion to increase fuel production and improve the country’s energy security. Prime Minister Mohammed Shia Al-Sudani...

Kuwait crude oil price falls slightly to US$69.98 per barrel

Kuwait crude oil price fell slightly, closing at US$69.98 per barrel. This marks a 9-cent drop from its earlier level of US$70.07 per barrel....

Saudi Arabia Market Share Competition

Oil prices plunged after OPEC+ unveiled a larger supply boost next month. Brent crude fell by 80 cents to $67.50 a barrel.Meanwhile, US West...

U.S. Tightens Iran Oil Sanctions Targeting Iraqi Smuggling Networks

The U.S. government has expanded Iran oil sanctions to target several networks accused of smuggling Iranian oil. These sanctions aim to block profits that...

Iraq Oil Cooperation Talks Boost Energy Ties with Russia

Iraq oil cooperation continues to grow stronger through recent high-level talks with Russia. Iraq’s Minister of Oil, Hayan Abdul Ghani, led a key meeting...

Basrah Crude Prices Slip as Global Oil Market Stabilizes

Basrah crude prices declined slightly as the international oil market showed signs of stabilization. The drop affected both Basrah Heavy and Basrah Medium, highlighting...