Oil fell for the first time in almost two weeks as disappointing US economic data ignited fears of a recession and sparked a sell-off across Wall Street.

A Technip Energies-led JV has been awarded a Pre-Construction Services Agreement for work on the onshore facilities for the Hail & Ghasha Gas Project.

The world’s biggest oil company is confident demand will pick up strongly this year.

The average price of regular gasoline in the U.S. is increasing.