Oil prices steadied on Tuesday after falling for the past two sessions, as investors remained cautious amid expectations of plentiful supplies and weak demand. Brent crude futures for September rose 2 cents to $82.42 a barrel. US West Texas Intermediate crude for September dipped 2 cents to $78.38 per barrel. Traders mostly ignored US President Joe Biden's decision to call off his reelection bid and endorse Vice President Kamala Harris on Sunday. Source: Qatar News Agency
European Commission Unveils Ambitious Plan to Transform Europe into First Electro-Continent
July 18, 2026
Abu dhabi: The European Commission has unveiled a new electrification action plan aimed at speeding up the shift from fossil