Gold/WTI

The cost of shipping fuels such as diesel across the Atlantic has soared to an almost 16-month high amid ongoing disruption at the Panama Canal. Shipping through the vital waterway — a shortcut between the Atlantic and Pacific oceans — has suffered as an El Nino-fueled drought reduced water levels to an unprecedented low. That’s prompting shipping companies ...

COP28 marks both a milestone in the ongoing negotiations on the future of our planet and a moment of pride for OPEC as it takes place in one of our Member Countries, the UAE. The UAE plays a critical role as a climate leader, with expertise in producing diverse forms of energy, as well as being a tireless champion of international cooperation, making it ...