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A cargo ship on the Huangpu River in Shanghai. China, the world's second-largest economy, has driven oil demand growth for the past two decades. EPA

Oil prices post weekly loss on concerns over crude demand growth

China's oil demand is projected to peak by 2027 as fuel consumption slows

Covestro shareholders approve XRG takeover deal

Adnoc signs 15-year LNG agreement with Germany’s EnBW

Business InsightsWhat will happen to Syrian oil after Assad?

Libya's force majeure at Zawiya Refinery sparks new economic challenges

Can the Middle East and Africa power global digital economies?

Arab neighbours set to plug Lebanon's electricity shortage

In focus

Christmas decoration in a tree at Global Village in Dubai. Pawan Singh / The National

Christmas in the UAE: Where to see the best holiday decorations in Abu Dhabi and Dubai

Team Hawks's Aryna Sabalenka of Belarus in action against Team Falcon during a match in the World Tennis League in Abu Dhabi, 19 December 2024. EPA

ExclusiveSabalenka determined to stay world No 1 as she steps up pre-season in UAE

Prime districts such as DIFC in Dubai have recorded a surge in Grade A occupancy levels. Chris Whiteoak / The National

Business InsightsHow the UAE's commercial property market is adapting to hybrid working

Hikers at Fujairah Adventures Al Dahir Trails. Ruel Pableo for The National

Where are Fujairah's new hiking trails and how do you reach them?

A public works vehicle sprays water in a bid to reduce air pollution on Signature Bridge, on a smoggy winter morning in New Delhi. AFP

PodcastInside Delhi’s pollution crisis

Running clubs are proving popular as they are also a good way for social interaction. Gabin Vallet / Unsplash

Fitness trends for 2025: Hyrox, running clubs and healing practices

L'atelier is a mobile arts and crafts hub

Inside the vintage school bus that's a mobile art studio for children

Pro-Palestinian supporters hold a picket line outside Columbia University, Tuesday, Sep. 3, 2024, in New York. (AP Photo / Yuki Iwamura)

PodcastPalestine and pressure on campus

More from this section

An oil terminal in Saint Petersburg, Russia. The EU has approved a 15th sanctions package, this time on Russia’s shadow tanker fleet. EPA

Oil posts weekly gain amid concerns over sanctions curtailing oil supply

The Biden administration in the US is reportedly considering more sanctions on Russia’s oil trade

President Sheikh Mohamed endorses board of Adnoc's investment unit XRG

A Dana Gas gas complex in Egypt. The company has exploration and production assets in Egypt, the Iraqi Kurdish region and the UAE. Wam

Dana Gas receives $20 million in payment from Egypt

Opec cuts 2024 oil demand forecast amid weaker quarterly data

The Muscat skyline. Oman is positioning itself as a global hub for green hydrogen exports. Getty Images

Oman to launch third round of green hydrogen auctions by April 2025

Abu Dhabi to host UAE's biggest solar farm dedicated to crypto mining worth $1bn

ExclusiveGulf nations interested in critical minerals exploration, says Mongolian PM

CommentWhat if Opec+ had chosen not to cut oil output two years ago?

Oil posts weekly loss despite Opec+ extending voluntary output cuts

Opec's headquarters in Vienna, Austria. Current balances suggest global oil supply will exceed demand by more than one million bpd next year, the International Energy Agency said in November. EPA

Opec+ extends voluntary output cuts of 2.2 million bpd until March 2025

The group says output cuts of 2 million bpd and 1.65 million bpd will be extended by a year to December 2026

Aramco, TotalEnergies and SIRC to explore SAF plant in Saudi Arabia

Aramco buys 10% stake in Horse Powertrain to boost mobility solutions

Business insightsTariffs are bad economics but good politics

UAE petrol prices to fall in December

Oil posts weekly loss as tensions ease in Middle East and demand uncertainty grows

'Biggest in the world': Vast hydropower plant planned for RAK

Suhail Al Mazrouei, UAE Minister of Energy and Infrastructure. Ryan Carter / UAE Presidential Court

UAE to launch more solar projects by 2030

Emirates has six gigawatts of renewable energy currently, energy minister Suhail Al Mazrouei tells energy summit

Arab countries to sign electricity trading agreement in Cairo next week

Adnoc launches $80bn low-carbon energy and chemicals investment company

Oil prices steady after Israel-Hezbollah ceasefire deal

Iraqi MPs survey revised budget aimed at reimbursing Kurdish oil losses

Oil edges higher after dip from Trump tariffs and ceasefire optimism

Is geopolitics becoming a sideline player in oil price fluctuations?

Drilling in Iraq’s semi-autonomous Kurdish region. Baghdad and Kurdistan have failed to agree on how to resume oil exports but could do so soon. Photo: Taqa

Iraqi MPs survey revised budget aimed at reimbursing Kurdish oil losses

Move could lead to resumption of oil exports from Kurdistan and an end to long-running row

Oil edges higher after dip from Trump tariffs and ceasefire optimism

Is geopolitics becoming a sideline player in oil price fluctuations?

CommentKey decisions on energy policy should not be made on misleading data

Abtal

Abtal

Conversations with Arab athletes on their journeys to the Paris 2024 Olympics

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Culture Bites

Your guide to the arts and culture scene in the UAE

Business Extra

Business Extra

The stories, companies, trends, tech, Innovation and leaders shaping your world

Beyond the Headlines

Beyond the Headlines

Delve deeper into the biggest stories from the Middle East and around the world

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Israeli air strikes in Yemen after Houthi missile intercepted over Israel

Vladimir Putin proposes missile duel with the US

Vladimir Putin proposes missile duel with the US

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