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2mn barrels of Oman blend crude sold at premium of $0.25 per barrel

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Oman’s Ministry of Oil and Gas (MOG) sold a cargo of Oman blend crude via DME Auctions, achieving once again a premium above the...
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SMBC Nikko Securities chosen to be Aramco’s bookrunner for IPO: Sources

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SMBC Nikko Securities will be the bookrunner for Saudi Aramco’s much-hyped initial public offering (IPO), according to sources quoted by press sources. SMBC Nikko...
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Omani crude oil production reaches 30.091mn barrels in July

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The total production of crude oil and condensate was at 30.091 million barrels in July with a daily average output of 970, 682 barrels,...
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Oil Slumps to Lowest Since March as China Threatens Rare Earths

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(Bloomberg) - Oil joined a selloff for global equities as escalating trade hostilities between the U.S. and China stoked fears about growth, while OPEC and its allies...