Oil holds near $70 as Middle East risk premium fades, Abu Dhabi's Murban defies the trend

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Gulf News Emirati Arabi Uniti 1h

Oil holds near $70 as Middle East risk premium fades, Abu Dhabi's Murban defies the trend

Oil prices were little changed in Asian trading on Monday, with global benchmark Brent crude hovering below $72 a barrel and US West Texas Intermediate (WTI) remaining under $69, as traders weighed easing geopolitical tensions against expectations of resilient summer fuel demand. Based on market da»»»

gulfnews.com
The New Indian Express India 29.04. 08:31

UAE exit from OPEC unlikely to cut oil prices immediately, may raise volatility: Report

Add TNIE As A Trusted Source The United Arab Emirates’ decision to exit OPEC and the broader OPEC+ alliance is unlikely to trigger an immediate drop in oil prices, but it could inject fresh uncertainty into markets and erode the long-term price stability traditionally associated with the cartel, ac»»»

newindianexpress.com
Asian News International India 29.04. 07:42

Impact of UAE exit from OPEC uncertain, India should focus on energy resilience: Sagar Adani

New Delhi [India], April 29 (ANI): The impact of the United Arab Emirates (UAE) exiting OPEC on global energy markets remains uncertain as of now, but in these times, India's key priority should be building energy resilience, highlighted Sagar Adani, Executive Director, Adani Green EnergySpeaking o»»»

aninews.in
Arab Times Kuwait 28.04. 21:03

Gulf energy shakeup as UAE quits OPEC

ABU DHABI, April 28: The United Arab Emirates announced on Tuesday its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, with the move set to take effect on May 1, 2026. The Emirates News Agency (WAM) said the decision aligns with the country’s long-t»»»

arabtimesonline.com
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