Oil and Gas

Key Takeaways Murban crude has recorded a significant increase in its official selling price for May, reflecting strong global demand and the UAE’s growing influence in energy markets. The move underscores the country’s ability to adapt to market shifts while maintaining stable

OPEC+ has announced a new oil production cut, effective from October 2025, at a rate of approximately 137,000 barrels per day. This decision comes as part of a series of measures aimed at balancing supply and demand, and maintaining price stability amid