Muscat: Oman oil price (July Delivery 2021) today reached 68.43 US Dollars, comprising a rise of 1.18 dollars from the price of yesterday (Monday), which was...
(WAM) – The UAE’s overall crude oil reserves reached 97.8 billion barrels in 2019, according to figures released today by the Federal Competitiveness and Statistics Authority,...
(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,...
Abu Dhabi is said to have already received more than US$25 billion in combined orders for a planned issue of dollar-denominated bonds, which it started marketing...
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) — The Indian rupee slid to near a record low and equities approached a bear market as continued worries over the economic impact from the coronavirus...
Dubai Mercantile Exchange (DME) announced that Kuwait Petroleum Corporation (KPC) will use the DME Oman Futures contract as a price reference for Kuwaiti crude oil exports...
(Bloomberg) –Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output in the shared neutral zone along their...
(Bloomberg) –Global oil markets notched up a number of milestones this year that echoed the story of the past decade: the world has shifted from an...
(Bloomberg) –Oil fell for a third day as a U.S. government report showed a bigger-than-expected build in domestic crude supplies and Chile canceled a summit where...