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Gulf Today Report Oil soared on Wednesday following data indicating a drop in US inventories and OPEC raising its outlook for oil demand. Brent crude futures rose 85 cents,...
Opec on Tuesday raised its forecast for growth in world oil demand this year on expectations the pandemic will subside, providing help for the group and its allies in...
Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), on Tuesday announced the acquisition of two additional Very Large Crude...
Gulf Today Report Oil prices rose on Tuesday following an indication of rapid growth in data from China and tensions in the Middle East. Brent crude oil futures were...
Gulf Today Report Oil prices surged on Monday on the likelihood of fuel demand increasing in the US as consumers prepare for summer driving season and COVID-19 vaccination roll...
Gulf Today Report Oil prices slipped on Thursday following an increase in US gasoline stocks, causing concerns about demand. Brent crude eased 36 cents, or 0.6%, to $62.80 a...
Gulf Today Report Oil prices jumped on Wednesday on hope for stronger global economic growth as crude inventories in the United States fell and increased COVID-19 vaccinations. Brent crude...
Gulf Today Report Oil prices surged on Tuesday following robust economic data from the United States and prospects of good recovery in China. Brent crude futures rose 38 cents,...
Dubai Mercantile Exchange (DME), on Monday announced the launch of Alternative Crude Ecosystem (ACE) - a new bilateral trading platform to enable participants to trade multiple crude grades through the...
Gulf Today Report Oil prices fell on Monday, overshadowing strong gains that were recorded due to the OPEC+ decision to reduce some of its productions cuts between May and...