oil

UAE says OPEC exit reflects sovereign energy vision

Al Mazrouei says UAE exit from OPEC was sovereign strategic decision

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Al Mazrouei said the move followed a comprehensive review of the UAE’s national production policy and future energy capacity.

Air India cuts international flights amid fuel costs

North America, Europe, Asia routes cut as airline seeks schedule stability

Over 1,200 monthly flights to continue even as key routes face suspensions

Delhi slams attack on Indian-flagged ship near Oman

‘All Indian crew on board are safe and we thank the Omani authorities for rescuing them’

A file picture of tanker ships in the waters of the Gulf of Oman.

ADNOC Drilling posts record Q1 earnings despite war

Oilfield services and offshore rigs helped lift ADNOC Drilling’s Q1 earnings

During its participation in 'Make it in the Emirates', ADNOC Distribution announced strategic partnerships with Emirates Global Aluminium (EGA) and Borouge valued at more than Dh60 million.

UAE strengthens energy ties with Austria

ADNOC’s OMV partnership and Borouge deal were central to the discussions

Christian Stocker, Chancellor of the Republic of Austria, yesterday visited ADNOC’s Headquarters during his official visit to the UAE.

Hormuz standoff sends oil above $114

Brent’s move above $114 revives inflation concerns for consumers and businesses

Oil above $114 raises fresh fuel and airfare worries

What is OPEC, OPEC+? All you need to know

From petrol prices to global power — here's why OPEC still shapes your world

OPEC has been handling the supply side of things quite well. Those moves to curtail production is fetching results.

UAE to leave OPEC, OPEC+

The move follows a review of UAE production policy and future capacity

How UAE aims to avoid jet fuel supply disruptions

MoU aims to ensure uninterrupted jet fuel supply across UAE aviation hubs

This collaboration between ENOC and Emarat aims to strengthen the coordination and enhance the reliability of Jet A 1 aviation fuel supply operations.

Oil to get costlier the more Hormuz disruption drags on

Supply constraints, fragile ceasefire keep crude at $100 despite weaker demand signals

Oil to get costlier the more Hormuz disruption drags on amid war risks

Saudi oil output drops after strikes hit pipeline

Pipeline and key fields hit, cutting output and raising global supply concerns

This handout satellite image taken by 2026 Planet Labs PBC shows the oil infrastructure at Saudi Arabia's western Red Sea port of Yanbu on March 4, 2026.

Could the Hormuz crisis eclipse the 1970s oil shock?

Supply losses may outpace 1970s crisis as prices rise, Hormuz disruption tests buffers

Signs cover petrol bowsers at a closed petrol station in Sydney on March 30, 2026. Australia will halve a tax on fuel to reduce costs for motorists experiencing soaring petrol prices due to war in the Middle East, Prime Minister Anthony Albanese said on March 30, 2026.

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