Business

Oil prices rise more than three percent at settlement

Baghdad, Oil prices rose more than three percent at settlement, Monday, to continue their gains for the fifth consecutive session amid increasing risks of supply disruptions.

Brent crude futures rose $2.64, or 3.3 percent, to $82.30 a barrel at settl…

ADNOC Gas announces record Q2 net income of $1.19 billion

Abu Dhabi, ADNOC Gas announced strong financial results for the second quarter (Q2) of 2024, posting an adjusted net income of $1,190 million, a 21% year-on-year (y-o-y) improvement exceeding market expectations.

Revenues for the Q2 period of $6,076 …