BREAKING NEWS
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Shipping News
- May 10, 2023
UAE energy minister: OPEC+ voluntary cuts aimed to balance oil market
The United Arab Emirates’ energy minister....
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- May 10, 2023
Iranian crude oil output stands at 2.56m bpd in March: OPEC
Iran’s crude oil production stood at 2.56....
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- Apr 18, 2023
Adnoc Drilling clinches $412m contract
Adnoc Drilling has confirmed a five-year contra....
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- Apr 04, 2023
Russia shifts to Dubai benchmark in Indian oil deal – sources
Russia’s largest oil producer Rosneft ROS....
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- Mar 24, 2023
Brent plunge fails to displace Russian crude for Asian buyers
A plunge in Brent crude prices has narrowed the....
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- Mar 24, 2023
Work starts on $160mln Kuwait port redevelopment project
Kuwait Ports Authority has launched the first p....
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- Mar 17, 2023
Saudi energy minister: Kingdom will not sell oil to any country that imposes a price cap
Saudi Energy Minister Prince Abdulaziz bin Salm....
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- Jan 02, 2023
Costs and uncertainty cloud oil outlook, says Dallas Fed
Oil production growth in top U.S. oil-producing....
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- Dec 12, 2022
Oil resumes slide as weak economy outweighs supply risks
Oil prices fell on Monday, deepening a multi-we....
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- Dec 12, 2022
Saudi energy minister sees no clear results yet from Russia price cap
Saudi energy minister Prince Abdulaziz bin Salm....
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- Nov 29, 2022
Oil prices erase 2022 gains as China’s protests spark demand worries
Oil prices fell to near their lowest levels thi....
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- Aug 22, 2022
OPEC chief says blame policymakers, lawmakers for oil price rises
Policymakers, lawmakers and insufficient oil an....
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- Aug 09, 2022
Kuwait close to exhausting production capacity – OPEC faces pressure
Kuwait is close to exhausting its production ca....
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- Aug 03, 2022
Several refining projects are scheduled in Asia and the Middle East
In Asia and the Middle East, at least nine refi....
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- May 02, 2022
Saudi Aramco June OSPs likely to drop as sour crude complex weakens
Saudi Aramco is expected to lower its official ....
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- May 02, 2022
Iran boosts oil exports as China cuts imports from Russia
Iran is boosting oil exports in the current yea....
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- Apr 04, 2022
Shuaa creates largest OSV portfolio in the Middle East with Allianz Marine takeover
Dubai-based asset management and investment ban....
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- Apr 04, 2022
Iraq’s oil export revenue hits monthly high since 1972: ministry
Iraq exported more than 100.56 million barrels ....
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- Apr 04, 2022
Five ways the Russia/Ukraine war is changing oil markets
The Russia/Ukraine conflict has penetrated deep....