Energy & Hydrocarbons

Oil, gas, petrochemicals, Sonatrach, and energy sector developments

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Energy & Hydrocarbons
April Shock: UAE Raises Fuel Prices by Up to 70%

April Shock: UAE Raises Fuel Prices by Up to 70%

The UAE has approved significant increases in fuel prices for April 2026, with increases ranging between 30% and 70%, according to local media reports, with no immediate comment from official authorities yet. The new prices will take effect starting April 1, as part of the monthly pricing mechanism established for years. Prices for various types of gasoline have seen similar increases, with the price of premium gasoline '98' rising to 3.39 dirhams from 2.59 dirhams in March, an increase of nearly 30%. The price of 'Special 95' gasoline rose to 3.28 dirhams compared to 2.48 dirhams, while the price of 'E Plus 91' reached about 3.20 dirhams compared to 2.40 dirhams, with increases exceeding 30% across all categories.

Mar 31, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
Algerian-Qatari Talks on Marketing Liquefied Petroleum Gas

Algerian-Qatari Talks on Marketing Liquefied Petroleum Gas

The Minister of State, Minister of Energy and Mines, Mohamed Arkab, discussed with the Chairman of the Board of Directors of Power International Holding, Moataz Al-Khayat, opportunities for cooperation, partnership, and investment across the value chain in the energy sector, as well as ways to enhance cooperation between SONATRACH and the Qatari group in the oil and gas industry, particularly in the areas of field development, research and exploration, and fuel production in Algeria. According to the ministry's statement, the discussions held at the ministry's headquarters also addressed ways to enhance commercial cooperation, especially in the marketing of liquefied petroleum gas (LPG) and fuel transportation, in addition to exploring new opportunities for...

Mar 31, 2026echoroukonline.com
Energy & Hydrocarbons
Tsunami of Fuel Prices in the UAE: An Analysis of the Implications of April's 'Leap' on Regional Supply Chains

Tsunami of Fuel Prices in the UAE: An Analysis of the Implications of April's 'Leap' on Regional Supply Chains

By: Majid Sakhri In a move described by economic circles as 'exceptional', the Fuel Price Monitoring Committee in the United Arab Emirates announced record increases for April 2026. While markets were anticipating movements in line with global oil fluctuations, the figures came as a shock to logistical accounts, especially with a diesel price jump exceeding 72%. The new price map: the increase was not gradual as the market was accustomed to, but sharp and included all derivatives to reflect a new economic reality: Diesel: recorded the biggest jump to reach 4.69 dirhams per liter (an increase of 72.4%). Super 98 gasoline: broke the three dirham barrier to reach 3.39 dirhams (an increase of 30.8%).

Mar 31, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
Fluctuations in Oil Prices Following Donald Trump's Report

Fluctuations in Oil Prices Following Donald Trump's Report

Oil prices fell slightly today, Tuesday, after a report indicated that U.S. President Donald Trump informed his aides of his readiness to end the war with Iran even without reopening the Strait of Hormuz. By 09:15 Moscow time, Brent crude futures dropped 0.36% to $107 per barrel, and U.S. West Texas Intermediate futures fell 0.21% to $102.66 per barrel, after reaching their highest level since March 9 at the start of trading. Analysts stated that the price drop is a temporary reaction to the idea of ending the war, but any significant change in prices will only occur after the full resumption of oil flow through the Strait of Hormuz. The Wall Street Journal reported...

Mar 31, 2026iqtissadalbalad.dz