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Business Bureau, Gulf Today The Abu Dhabi National Oil Company (Adnoc) confirms significant progress made on its ‘Crude Flexibility Project’ (CFP), with 73% project delivery of Adnoc’s ongoing upgrade...
Oil prices rose on Monday following news China plans to ship large volumes of U.S. crude in August and September, which outweighed concerns over a slowdown in demand recovery...
Oil prices were higher on Friday and on track for a second week of gains amid growing confidence that demand for fuel is starting to pick up despite the...
Crude oil prices fell on Thursday after OPEC said it expected demand to drop more than expected, although data showing a decline in US inventories lent support. Brent crude...
Oil prices moved higher on Wednesday after an industry report showed that US inventories of crude fell more than analysts expected, bolstering hopes that fuel demand in the world's...
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shore up the...
Saudi Aramco’s Chief Executive Amin Nasser said on Sunday that he sees oil demand recovering in Asia as economies gradually open up after the easing of coronavirus lockdowns. “Look at...
The current developments and future prospects of the global oil markets were deliberated on Friday by the oil ministers of the UAE, Saudi Arabia, Kuwait, Bahrain, Oman and Iraq. This...
The prime minister of Mauritius has declared a state of environmental emergency and appealed to France for urgent assistance as oil from a grounded cargo ship spilled unabated into...
Oil prices dipped on Friday, adding to losses from the previous session, on worries that fuel demand recovery will slow amid a resurgence of coronavirus cases and as talks...
