by finance_admin | November 28, 2024 | Commodities, Energy
Oil prices inched higher on Thursday amid reduced trading activity due to the US Thanksgiving holiday, as market participants turned their attention to a postponed OPEC+ meeting now set for December 5. Brent crude, the global benchmark, hovered near $73 per barrel in...
by finance_admin | November 21, 2024 | Energy, News, Travel
An exclusive whitepaper produced for Arabian Travel Market (ATM) by Digital Tourism Think Tank (DTTT) has highlighted that only 15% of UN Sustainable Development Goals (SDGs) related to tourism are on track to be achieved by 2030 according to the body, underscoring...
by finance_admin | November 15, 2024 | Energy
Oil prices edged lower on Friday as concerns about oversupply and a strengthening U.S. dollar overshadowed signs of stronger demand and a steep drop in U.S. fuel stockpiles. Brent crude futures fell 0.41% to $72.26 per barrel, while West Texas Intermediate (WTI) crude...
by finance_admin | November 12, 2024 | Energy
Dubai’s pioneering hydroelectric power plant in Hatta is 94% complete, with a trial run scheduled for Q1 2025, as announced by Dubai Electricity and Water Authority (DEWA). The AED1.421 billion pumped-storage plant will have a 250-megawatt capacity, a...
by finance_admin | November 12, 2024 | Commodities, Energy
Oil prices remained relatively stable in early Tuesday trading, following a recent decline triggered by China’s stimulus plan and concerns about oversupply. Brent crude futures were down by 1 cent at $71.82 per barrel, while U.S. West Texas Intermediate crude...
by finance_admin | November 7, 2024 | Commodities, Energy
Oil prices edged higher on Thursday, reversing a post-election sell-off as markets weighed potential supply disruptions from the re-election of Donald Trump and an intensifying hurricane in the Gulf of Mexico. Brent crude oil futures rose by 26 cents (0.35%) to $75.18...
