Browsing: fluctuations

UAE is poised to unveil the latest petrol prices for March later this week, After three consecutive months of reductions.

Over the past three months, petrol and diesel prices nationwide have seen a significant decrease, prompted by fuel cost reductions in November, December, and January.

UAE to reveal the revised petrol prices for January and the upcoming year, both petrol and diesel prices have seen a notable decline nationwide, a result of reductions in fuel costs during November and December.

Oil-exporting nations across the Middle East and North Africa (MENA) are resolutely pursuing diversification strategies to confront economic uncertainties. The World Bank, in its assessment, highlights the ongoing commitment to diversification within the Gulf Cooperation Council (GCC) countries. These nations, with varying progress in diversification, are actively steering their economies away from dependency on hydrocarbon revenues. The GCC, comprising six key members, including major oil exporters like Saudi Arabia and the UAE, is dedicated to a transformation agenda.