The cost of fuel in the UAE has been tied to the global oil market since 2015, when deregulation was introduced. The National

UAE petrol prices to rise in June but diesel to drop

Brent and WTI have fallen by about 15% as uncertainty on negotiations persists

Energy

Lower prices to offer long-term relief despite UAE petrol costs rising in June

Energy

Oil prices log steepest weekly loss since April on potential US-Iran peace deal

Energy

Oil rallies as Trump denies reports of Hormuz deal and US renews strikes on Iran

Markets

Oil prices slide on hopes of Strait of Hormuz reopening within month

Energy

Why delaying investment may be your biggest financial mistake

Money

Quad members unveil $20bn critical minerals initiative

Energy
Albert Manifold has been removed from his position, which he took up last October. PA / Reuters

Ousted BP chairman Albert Manifold vows to fight 'false narrative'

Surprise move made over 'serious concerns' related to governance and oversight

Energy

‘One of UK’s greatest assets’: Call for government to back North Sea oil sector

Energy

Analysts divided on oil’s next move after latest US strikes in Iran

Energy

US-Iran deal hopes push oil prices below $100 a barrel

Energy

Business InsightsSanctions and blockades are creating a confused tangle in oil markets

Energy

Gulf countries maintain credit ratings amid Iran war uncertainty

Economy

Russia sees rising oil revenue on Iran war energy shock

Energy
A crude oil tanker anchored at the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia. Reuters

Business InsightsSanctions and blockades are creating a confused tangle in oil markets

Western leaders are backing down from Russian sanctions to manage the energy crisis

Energy

Gulf countries maintain credit ratings amid Iran war uncertainty

Economy

Russia sees rising oil revenue on Iran war energy shock

Energy

Oil prices to remain volatile amid uncertainty over Iran peace talks

Energy

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