United States

2.5 million barrel drop in U.S. crude, 235,000 barrel gasoline drawdown as refining, demand rise: EIA

Gasoline product supplied last week was 8.9 million bpd, up slightly from the previous week

Oil prices rise amid weaker dollar, tighter supply expectations

Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel

U.S. small business sentiment recovers in April after hitting 12-year low in March

Inflation remains the most important concern when operating a small business in the U.S.

Qatar, U.S. trade exchange rises to $6.47 billion in 2023

Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors

Oil prices rise amid drop in U.S. inventories, inflation concerns

Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel

OpenAI takes ChatGPT to new heights with GPT-4o

The company's latest model revolutionizes ChatGPT, offering unprecedented capabilities

Oil prices surge as China’s fiscal stimulus, Canadian wildfires threaten supply

Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel

Oil prices inch lower on concerns about Chinese imports, U.S. inflation

Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel

Oil prices rise on mixed Chinese trade data, Middle East tensions

Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel

Oil prices slide as U.S. inventories surge, demand weakens

Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel

Oil prices up amidst global tensions, concerns about sluggish demand and reduced supplies

Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel

UN body adopts human rights protections for carbon market mechanism

The move seeks to empower vulnerable communities and individuals

Oil prices inch up as Saudi Arabia increases June crude prices

Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel

Microsoft to commit $2.2 billion investment for cloud, AI services in Malaysia

The move will strengthen Malaysia's global AI development support

U.S. labor market remains tight, productivity marginally grows 0.3 percent in Q1

28 percent monthly decline in layoffs bodes well for U.S. labor market

U.S. inflation rises to 2.7 percent in March, Fed likely to hold rates next week

The central bank has kept interest rates at 5.25 to 5.50 percent since July 2023

Abu Dhabi signs MoU with Chile to boost trade, investment

The MoU aims to collaborate in sectors like renewable energy, mining, infrastructure, technology, and more

Google-parent Alphabet announces first-ever dividend of 20 cents per share, $70 billion stock buyback

Company's revenue reached $80.54 billion, exceeding estimates of $78.59 billion

DRIFTx: Abu Dhabi, U.S. Joby partner to build electric air taxi ecosystem

The MoU signed seeks to establish Joby's air taxi services in Abu Dhabi and beyond

Microsoft revenues rise 17 percent to $61.9 billion on increased AI investment

4 percent rise in shares increases company's stock market value by $128 billion

U.S. economy grows 1.6 percent in Q1, slowest in nearly two years

Decline in government spending contributes to moderation in U.S. economic activity

Oil prices surge amid U.S. economic data disappointment, supply risks due to geopolitical risk

Brent crude futures saw a gain of 31 cents, equivalent to 0.4 percent, reaching $89.32 per barrel

U.S. economy likely to grow 2.4 percent in Q1 as delayed rate cuts signal inflation surge

U.S. labor market supports growth with job gains averaging 276,000 per month in Q1 of 2024