The global oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger US dollar and weak China data capped gains
Oil prices fell on Tuesday, as another anticipated production increase by OPEC+ and the resumption of oil exports from Iraq’s Kurdistan region
Brent crude futures for October delivery, which expired on Friday, settled at $68.12 a barrel, down 50 cents, or 0.73 per cent
Global gasoline stocks fell by 2.7 million barrels to 228.4 million barrels, far exceeding forecasts for a 600,000-barrel draw
Oil prices extended declines on April 30 and were set for their largest monthly drop in more than three years
The fuel prices in the UAE decreased in March, offering some relief to drivers after an uptick in February
The UAE announced the retail fuel prices for February 2025, raising the rates by as much as 0.13 fils per litre compared to the month of January 2025