Home Tags Crude oil

Tag: crude oil

Lost in Oil’s Rally: $2 Trillion-a-Year Refining Industry Crisis

Lost in Oil’s Rally: $2 Trillion-a-Year Refining Industry Crisis

(Bloomberg) -- Crude oil is the world’s most important commodity, but it’s worthless without a refinery turning it into the products that people actually use:...
Email

Abu Dhabi Selling Triple-Tranche Bonds; US$25bln Worth Orders Already In: Sources

Abu Dhabi is said to have already received more than US$25 billion in combined orders for a planned issue of dollar-denominated bonds, which it...
Email
Fujairah bunker fuel stocks hit 5-week high

Fujairah bunker fuel stocks hit 5-week high

FUJAIRAH, 1st April, 2020 (WAM/S&P Platts) -- Oil product stockpiles in the Middle Eastern hub of Fujairah climbed 8.1 percent over the week of...
Email
Rupee Nears Record Low, India Stocks at Bear Brink on Virus Rout

Rupee Nears Record Low, India Stocks at Bear Brink on Virus Rout

(Bloomberg) -- The Indian rupee slid to near a record low and equities approached a bear market as continued worries over the economic impact from...
Email
dme oman

DME Oman to Price Kuwaiti Crude Oil from February 2020

Dubai Mercantile Exchange (DME) announced that Kuwait Petroleum Corporation (KPC) will use the DME Oman Futures contract as a price reference for Kuwaiti crude...
Email

Kuwait Could Agree in Days With Saudis on Neutral-Zone Oil

(Bloomberg) --Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output in the shared neutral zone...
Email

Oil’s 2019 Milestones Tell Decade’s Story of Energy Abundance

(Bloomberg) --Global oil markets notched up a number of milestones this year that echoed the story of the past decade: the world has shifted...
Email
Oil and Gas Oman

Oil falls to lowest in a week after surprise U.S. crude build

(Bloomberg) --Oil fell for a third day as a U.S. government report showed a bigger-than-expected build in domestic crude supplies and Chile canceled a...
Email
oil field

Oil Holds Two Days of Losses as Demand Outlook Deteriorates

(Bloomberg) --Oil held two days of losses as a worsening demand outlook was compounded by signs it will be difficult for the U.S. and...
Email

Saudi-Malaysian refinery CDU has begun to restart, says Petronas

Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun...
Email