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    Oil prices slip on potential return of Libyan output

    21 Sep 2020

    Brent crude was down 33 cents, or 0.8%, at $42.82 a barrel by 0645 GMT, while US crude was down 38 cents, or 0.9%, to $40.73 a barrel.

    Virus-hit Shell says cutting up to 9,000 jobs by 2022

    30 Sep 2020

    Anglo-Dutch energy major Shell said Wednesday it will axe 7,000-9,000 jobs by the end of 2022 in a major overhaul to combat plunging oil prices driven by the coronavirus pandemic.

    Oil falls 2nd day as rising virus cases spur demand worries

    30 Sep 2020

    Brent crude for November delivery dropped 40 cents, or 1%, to $40.63 per barrel by 06:35 GMT. West Texas Intermediate fell 32 cents, or 0.8%, to $38.97.

    Venezuela's oil revenue collapses 99% in six years: Maduro

    30 Sep 2020

    The country is home to the world's biggest oil reserves but has seen its economy shrink by more than half under Maduro, the political heir to leftist firebrand Hugo Chavez who died in 2013.

    Oil slips as US-China friction, rising virus cases weigh on markets

    27 Jul 2020

    Brent crude dipped 8 cents, or 0.2%, to $43.26 a barrel by 0403 GMT, while U.S. West Texas Intermediate (WTI) crude dropped to $41.22 a barrel, down 7 cents, or 0.2%.

    Adnoc adds China’s Cnooc as new partner in 2 offshore concessions

    27 Jul 2020

    The Abu Dhabi National Oil Company (Adnoc), announced on Monday its agreement to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum Corporation,

    Oil prices jump on US inventory drop

    29 Jul 2020

    Brent crude futures rose 59 cents, or 1.4%, to $43.81 a barrel by 1216 GMT. U.S. West Texas Intermediate crude futures gained 47 cents, or 1.2%, to $41.51 a barrel.

    Oil slides as fears grow that coronavirus resurgence could stunt fuel demand recovery

    03 Jul 2020

    Brent crude futures were down 35 cents, or 0.8%, at $42.79 a barrel as of 0633 GMT, and U.S. West Texas Intermediate (WTI) crude futures fell 35 cents, or 0.9%, to $40.30 a barrel.

    Oil prices stable as US-China tensions offset weak dollar

    24 Jul 2020

    Brent crude was down 1 cent at $43.30 a barrel by 0807 GMT, while US West Texas Intermediate (WTI) crude up 1 cent at $41.08.

    Abu Dhabi non-oil trade touches Dhs80.23 billion in 5 months

    19 Jul 2020

    The value of Abu Dhabi non-oil foreign trade has reached Dhs80.23 billion through the emirate’s outlets during the first five months of 2020, the Abu Dhabi Customs has announced.

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