(WAM) — The price of OPEC basket of thirteen crudes stood at $44.87 a barrel on Friday, 7th August, compared with $45.17 the previous day, according...
(WAM) — Japan’s imports of crude oil from the UAE reached to 20.13 million barrels in June, according to data from Agency for Natural Resources and...
(WAM / S & P Platts) — Stockpiles of refined oil products at the UAE’s east coast port of Fujairah declined to a two-month low as...
(Bloomberg) — A United Arab Emirates-based energy trader is seeking to restructure its finances after the coronavirus pandemic sent oil prices tumbling and lenders withheld credit lines....
(WAM) — ADNOC Distribution has announced the launch of a new range of lubricants that offer greater fuel efficiency for hybrid vehicles. The new range of...
(Bloomberg) — Oil edged higher after a report pointed to a drop in U.S. crude stockpiles and on signs that additional supply from OPEC+ next month won’t...
(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,...
