In the last four months, investor optimism that global crude prices will increase has slumped.
The UAE recently signed an agreement to build a pipeline connecting Ethiopia to the Eritrean.
Abu Dhabi National Energy Co (TAQA) reported an almost fivefold jump in profit after.
In the latest statement given by the Kuwaiti oil minister Bakhit al-Rashidi, the recent OPEC.
Excessive production by Saudi Arabia to meet consumer demand led to OPEC’s output being increased.
Two oil tankers handled by the Saudi shipping group Bahri, each with a two million.
The GCC’s hospitality sector is expected to gain positive momentum as a result of recovering.
The recovery in the price of crude oil lead to a 46.2 reduction in Oman’s.
Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED5.88 billion ($1.6 billion) for.