Petrol prices will marginally increase, while the price for diesel has been cut
Oil prices have had a rocky start to 2023, with a rally in mid-January fading away by the end of the month
Prices were increased by up to 10 per cent
The price of Super 98 has been reduced to Dhs3.30 per litre
The price of Super 98 has been increased to Dhs3.32 per litre
The price of Super 98 has been reduced to Dhs3.03 per litre
The country’s top trading partner during June was China with exports reaching SAR21bn riyals
Saudi Arabia sends more than 60 per cent of its crude exports to Asia
Oil has started the third quarter in strong form after dropping in June
The price of Super 98 has risen to Dhs4.63 per litre
An electric car now costs $61,000 on average
Oil is still up more than 50 per cent this year after rebounding demand combined with upended trade flows
Saudi Arabia sends more than 60 per cent of its crude exports to Asia, with China, Japan, South Korea and India being the biggest buyers
Soaring demand ahead of the peak US driving season is sending refining margins to extraordinary heights
The elevated prices are triggering concerns about growing food insecurity
Russia is a key supplier of energy to global customers
OPEC and its partners are trying to gradually restart production halted during the pandemic
The price of Super 98 is set to increase to Dhs2.94 next month
Crude has enjoyed a robust start to the new year, with prices soaring to the highest since 2014 last week
The largest cryptocurrency by market value rose as much as 3.1 per cent to $44,001 on Wednesday
Business activity in Dubai rebounded sharply last year alongside a jump in tourism
Demand is starting to outstrip supply within the emirate’s commercial property space
Oil slid for a sixth straight week due to the spread of Omicron and the prospect of more barrels coming to the market
The price of Super 98 has been eased to Dhs2.77
Price for diesel was reduced to Dhs2.38 per litre from Dhs2.45 in August
Average home prices rose 2.8 per cent in the six months to June
The fuel crisis has exacerbated power blackouts and resulted in miles-long lines at gasoline stations
Oil prices have retreated 6 per cent this month as the contagious delta variant triggers renewed lockdowns in China and other key Asian consumers
The global economic recovery has piled pressure on bullion this year