(Bloomberg) — For decades, Mukesh Ambani’s empire has been supported by the energy flank he inherited from his father. But when Ambani faces shareholders at Reliance Industries...
(Bloomberg) — Middle East producers are banking on robust demand from Asia for its more sulfurous and dense crude, boosting prices for the dirtier oil even as...
(Bloomberg) — Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as...
(Bloomberg) — Crude oil is the world’s most important commodity, but it’s worthless without a refinery turning it into the products that people actually use: gasoline, diesel,...
Mammoet has recently been awarded two contracts crucial to the success of Duqm oil refinery, reflecting a major step forward in the development of a world-class...
(Bloomberg Opinion) — It’s the mother of all payouts. The $75 billion that Saudi Aramco doles out in dividends every year dwarfs what any other listed company...
(WAM) — The price of OPEC basket of thirteen crudes stood at $39.85 a barrel on Tuesday, 23rd June, 2020, compared with $38.96 the previous day,...
(ONA) — Dubai Mercantile Exchange (DME) said that Oman oil price (August Delivery 2020) reached 44.07 US Dollars. The DME statement said that the price of...
(Bloomberg) — Oil pared losses after falling from a three-month high as a White House official said the U.S.-China trade deal was in place, clarifying his earlier...
(Bloomberg) — Oil resumed declines as fears a second coronavirus wave could threaten a recovery in demand outweighed further output cuts from major producers and more Federal...
