(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...
(Bloomberg) — Extraction Oil & Gas Inc. filed for bankruptcy, becoming the latest producer to succumb to high debt and dwindling liquidity amid a difficult environment for...
(Bloomberg) — Oil slumped in New York as an increase in American crude stockpiles to a record high raised fresh concerns about excess supply, while the Federal...
Oman like any other country in the world has been hit hard by the Coronavirus. As the Sultanate is preparing for a future economy less reliant...
