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Gulf Today Report Oil prices jumped on Thursday after OPEC+ major producers maintained a reduced output policy and US crude stockpiles decline. Brent crude futures gained 47 cents, or...
Gulf Today Report Fujairah oil products stockpiles recorded gains across all categories for the first time in eight weeks. On Monday, the total inventory amounted to 23.282 million barrels,...
Gulf Today Report Oil prices advanced on Wednesday due to an unexpected draw in US crude stockpiles and an OPEC+ estimate of a global oil market deficit this year....
The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that it has signed and completed a strategic real estate (realty) investment partnership with Abu Dhabi Pension Fund (ADPF). The...
BP plunged to a $5.7 billion loss last year, its first in a decade, as the pandemic took a heavy toll on oil demand, and the energy company warned...
Gulf Today Report Oil prices advanced up to 1% on Tuesday following major producers decisions to cut crude output to support the market suffering from low demand. Brent crude...
Gulf Today Report Oil prices jumped on Monday after a slow start, although the delay in coronavirus vaccine rollout and discovery of new variants have cast a shadow over...
Gulf Today Report Oil prices steadied on Friday, its past three weeks range as investors hope for change in supply and demand due to slow-paced of vaccine rollout. Brent...
Gulf Today Report Oil prices decline on Thursday regardless of the drop in US crude stock as the dollar gains momentum and strength in fresh fuel demand affected prices....
Gulf Today Report Oil product stockpiles at the Fujairah port declined to an eight week low due to decline in heavy distillates as exports of fuel oil soared. As...