October 4, 2026

Trading

US Oil Inventories Rise Last Week, Data Shows

The US Energy Information Administration (EIA) announced today an increase in crude oil, gasoline, and distillate inventories in the US over the past week.

The EIA, which serves as the statistical arm of the US Department of Energy, said in a report …

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UAE banks’ capital, reserves hit AED495.2 billion

ABU DHABI: The total capital and reserves of banks operating in the UAE reached AED 495.2 billion at the end of June 2024, a year-on-year (YoY) increase of 10.6 percent compared to AED 447.8 billion in June 2023, according to the latest statistics of …

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