Tag: oil prices
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Ajman Commuters Rejoice as Taxi Fares Drop Alongside Slashed Fuel Prices
This adjustment in tariff comes hot on the heels of a broader initiative by UAE authorities to slash fuel prices for June. The reduction sees Super 98 petrol priced at Dh3.14 per liter, Special 95 at Dh3.02, and E-plus 91 at Dh2.95 per liter
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Fuel Prices Expected to Decrease in UAE Amid Global Oil Price Dip
The global benchmark, Brent crude, saw a notable decrease in May, trading between $82 to $83 per barrel and averaging $83.35, compared to the previous month’s average of $88.79
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Oil price rises amid elevated geopolitical risks in Middle East & Europe
Amid the rising tensions in the Middle East and increasing concerns about the Russia-Ukraine discords, the oil prices witnessed a hike on Monday, January 24. The price hike was seen after the disturbance in the supply due to the above reasons; this has made the tight markets tighter. Brent crude rose by 33 cents, 0.4…