Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
Oil Prices Fall More than 1% After US Crude, Fuel Inventories RiseSingapore, 22 May (ONA) — Oil prices today fell more than 1 percent amid news of unexpected increases in US crude and fuel inventories, raising concerns about demand in the world’s largest oil consumer.
Brent futures hit a session low of $63.86 per barrel, while US crude futures reached a low of $60.60 per barrel.
Crude inventories rose by 1.3 million barrels to 443.2 million barrels in the week ended 16 May 2025, the US Energy Information Administration (EIA) said.— Ends/Khalid
