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    Global stock markets nosedive as oil’s chaotic collapse deepens

    Global stock markets nosedive as oil’s chaotic collapse deepens

    21 Apr 2020

    Oil’s chaotic collapse deepened, and stocks around the world dropped on Tuesday as markets remain upside down amid the economic carnage caused by the coronavirus pandemic. A day after oil...

    US oil price plunges to zero as demand collapses; stocks dip

    US oil price plunges to zero as demand collapses; stocks dip

    20 Apr 2020

    Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders don’t want to get stuck owning crude with nowhere to store...

    Stocks sink under weight of another collapse in oil prices

    Stocks sink under weight of another collapse in oil prices

    20 Apr 2020

    Global stock markets nosedived on Monday as energy stocks get hammered by the latest collapse in the price of oil. Wall Street opened lower on Monday as traders grappled with...

    Opec further cuts oil demand outlook due to virus

    Opec further cuts oil demand outlook due to virus

    16 Apr 2020

    Opec on Thursday again cut its forecast for 2020 global oil demand due to the “historic shock” delivered by the coronavirus outbreak, and said the reduction may not be the...

    Opec+ output cut decision will have a major impact, says UAE

    Opec+ output cut decision will have a major impact, says UAE

    11 Apr 2020

    United Arab Emirates’ energy minister Suhail Al Mazrouei said on Saturday that an Opec+ decision to cut oil supply will have a major impact on rebalancing the oil market amid...

    Saudi Arabia calls for affordable energy supply at G20 meeting

    Saudi Arabia calls for affordable energy supply at G20 meeting

    10 Apr 2020

    The Saudi energy minister told a conference of the G20 group of the world’s largest economies on Friday that ensuring affordable energy supply is key to facilitating a global economic...

    Russia, US, Saudi seek to stabilise oil trade

    Russia, US, Saudi seek to stabilise oil trade

    10 Apr 2020

    Russian President Vladimir Putin, US President Donald Trump and Saudi Arabia's King Salman, discussed the OPEC+ oil group meeting in a phone call on Friday and confirmed their aim...

    Markets, oil extend gain due to signs of progress against virus

    Markets, oil extend gain due to signs of progress against virus

    07 Apr 2020

    World stock markets enjoyed a second day of sharp gains on Tuesday as signs of progress against the coronavirus in both Europe and the United States and some more liberal...

    India to continue prompt fuel exports for two more weeks

    India to continue prompt fuel exports for two more weeks

    07 Apr 2020

    Indian refiners are likely to continue prompt export of refined fuels for at least another two weeks to avoid a complete shutdown after the coronavirus lockdown hit local demand, company...

    ENOC Link supports disinfection

    ENOC Link supports disinfection

    05 Apr 2020

    Business Bureau, Gulf Today ENOC Link, The Group’s fuel delivery digital venture, extended its support to Dubai Municipality’s national disinfection drive to curb the COVID-19 outbreak by dedicating mobile fueling...

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