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Saudi Arabia, the world’s largest oil exporter, saw its crude oil exports fall to 5.994 million barrels per day in July, down from 6.141 million bpd in June—the lowest since March 2025, according to JODI data. Crude production also dropped to 9.201 million bpd from June’s 9.752 million bpd. Meanwhile, Saudi refineries increased throughput to […]

The UAE Fuel Price Committee has announced the revised fuel rates for September 2025, effective from September 1. This month, diesel prices have dropped, while petrol prices have gone up across the UAE. In August 2025, petrol prices in the UAE were lower compared to July 2025. However, moving into September 2025, fuel prices have

In its September 2025 Monthly Oil Market Report (MOMR), OPEC highlighted that the UAE’s non-oil sector continues to show solid resilience, with steady overall growth. The report pointed out that the UAE’s Purchasing Managers’ Index (PMI) bounced back to 53.3 in August, after dropping to 52.9 in July — the lowest in four years. The

Oil prices have been moving lower after OPEC+ decided to increase output in September, with Brent crude hitting a closing low of $65 per barrel. This could lead to a slight drop in petrol prices in the UAE if oil stays on the lower side in the coming days. After a small recovery in recent

On August 31, the UAE announced the fuel prices for September. In August, petrol rates dropped slightly by one fil after showing a small rise in July. From September 1, the new rates are as follows: Fuel prices directly affect transportation and inflation. Stable rates help keep travel expenses and the cost of goods under

On Sunday, August 31, the UAE announced the fuel prices for September 2025. The Fuel Prices Monitoring Committee kept the rates almost the same as in August. Each month, the Ministry of Energy sets the official prices based on the average global oil price, with operating costs of distribution companies added. Petrol September August Super

Russia’s crude exports have bounced back, with China stepping in after US President Donald Trump’s tariffs on India slowed shipments to the South Asian nation. Trump’s move to double US import tariffs on Indian goods to 50%—a response to India’s continued purchases of Russian oil—has curtailed Moscow’s crude exports to India, despite New Delhi’s resistance.

Supply and demand remained the key drivers for base oil prices in Asia, while crude oil futures, moving within a narrow range, played more of a supporting role. Most base oil plants that had recently completed maintenance were operating at full capacity, but demand softened due to seasonal slowdowns, severe weather in some regions, and

Oil prices climbed by about 1% on Thursday after U.S. President Donald Trump warned of “severe consequences” if his talks with Russian President Vladimir Putin over Ukraine fail. Expectations of a possible U.S. interest rate cut next month also supported the market, as lower rates can boost economic growth and fuel demand for oil. Brent