ADQ (formerly Abu Dhabi Developmental Holding Company) announced today that it has taken over full ownership of UAE-based National Petroleum Construction Company (NPCC) In a statement...
(Bloomberg) — Time was when an oil-price rout almost certainly meant a currency meltdown in emerging markets. Now, it’s failing to cause as much as a flutter....
(Bloomberg) — Welcome to Tuesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: Oil went negative for the first time on...
(Bloomberg) — Oil prices take an unprecedented plunge below zero. Deaths in New York from the coronavirus are slowing. And as his Virgin-branded businesses get battered by the pandemic, billionaire...
(Bloomberg) — Oil eked out a small gain after tumbling 10% on Tuesday as concerns over virus-driven demand destruction overshadowed a historic deal by the world’s biggest...
(Bloomberg) — Oil pushed higher after swinging wildly in early trading as investors weighed whether an historic deal by the world’s biggest producers to cut output would...
(Bloomberg) — As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge...
(Bloomberg) — Oil gave up some of last week’s rally after a delay to a planned meeting of top producers to discuss output curbs and signs the...
FUJAIRAH, 1st April, 2020 (WAM/S&P Platts) — Oil product stockpiles in the Middle Eastern hub of Fujairah climbed 8.1 percent over the week of 23rd to...
(Bloomberg) — Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and a ballooning...