Marine bunker fuel sales at the Fujairah port in the UAE experienced a strong rebound in July, marking a notable increase in sales. The increase in sales was mainly driven by higher demand for high-sulphur marine fuel, which reached its strongest level since January 2024. Sales rose by 28.4% in July to 205,597 cubic meters […]
UAE’s Fujairah Marine Fuel Sales Hit Three-Month High in July Read More »
On July 31, the UAE announced the official fuel prices for August 2025. A decade ago, on August 1, 2015, the country shifted to a deregulated system, linking local fuel prices to global market rates. Since then, the Fuel Price Committee has reviewed and updated prices every month, ensuring they reflect international oil trends and
UAE Petrol, Diesel Prices For August 2025 Announced Read More »
On Thursday, July 31, 2025, the UAE announced the official fuel prices for August. The Fuel Prices Monitoring Committee kept the rates almost unchanged compared to the previous month. Each month, the Ministry of Energy reviews global oil price trends and adjusts the local rates accordingly, after factoring in the operating costs of distribution companies.
UAE Announces Fuel Prices: How Much Will A Full Tank Cost in August 2025? Read More »
Petrol prices in the UAE are likely to stay stable or see only a slight adjustment in August. In July, Brent crude averaged around $68.80 per barrel, a small drop from June’s $69.87. Locally, July fuel rates stood at Dh2.70 per litre for Super 98, Dh2.58 for Special 95, and Dh2.51 for E-Plus 91. Since
UAE Petrol Prices For August: Why Fuel Rates Likely To Remain Stable Read More »
Saudi Aramco is ramping up oil production, with exports expected to hit 7.5 million barrels per day in July—the highest level since April 2023. This increase comes at a time when global oil demand is showing signs of slowing. Despite market concerns around shifting U.S. trade policies and rising production quotas from OPEC+, oil prices
Saudi Export Surge and Trade Tensions Threaten Oil Price Stability Read More »
Dubai: Oil prices may appear steady for now, but underlying risks are keeping energy markets on edge. Several new factors are emerging that could disrupt the global crude landscape in the coming weeks. From proposed U.S. tariffs to mounting geopolitical tensions along key maritime oil corridors, uncertainty is building, and market participants are closely watching
Industry analysts now agree that the UAE was never at serious risk. Even if the situation had escalated, the country remains one of the most resilient in the region—well-equipped to handle potential disruptions. Ceasefire Eases Gulf Tensions; Strait of Hormuz Remains Open After several tense days in the Gulf following U.S. strikes on Iranian nuclear
How UAE is Well-Positioned for Resilience As Hormuz Tensions Recede Read More »
In June, costs remained steady, following a slight uptick in May after two straight months of gradual decline. The UAE has officially announced fuel prices for July. Rates remained unchanged in June, following a slight increase in May. That uptick had followed two consecutive months of gradual price drops. Earlier projections hinted at a possible
UAE Petrol, Diesel Prices for July 2025 Announced Read More »
Saudi Arabia’s Trade Surplus Shrinks as Oil Exports Decline Dubai – Saudi Arabia’s trade surplus dropped significantly in April 2025, as oil export revenues fell, despite a rise in non-oil exports and imports, according to GASTAT’s latest trade bulletin. Total merchandise exports stood at SR90.3 billion ($24.1 billion)—down 10.9% year-on-year. The sharpest decline came from
