Tag: oil
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...
China Goes Through UAE ‘Backdoor’ to Buy Canadian Canola Oil
(Bloomberg) --China has found a way to get the Canadian vegetable oil it needs, after shunning direct imports from the country earlier this year,...
Oil Steady After Weekly Surge on Signs of Trade Deal Progress
(Bloomberg) --Oil was steady after the biggest weekly advance in more than a month on signs of progress in the prolonged U.S.-China trade spat.
Futures...
Oil Falls Amid Swelling Stockpiles, Russia Caution on Supply Cut
(Bloomberg) -- Oil fell as Russia sounded a cautious note on whether OPEC and its partners may cut production further, while industry data showed...
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...
OPEC, allies mulling further cut in supplies amid gloomy outlook
The Organization of the Petroleum Exporting Countries (OPEC) and its allies are mulling options, including a further cut in oil supplies ahead of their...
OPEC+ meeting: Oman oil minister Rumhi sceptical about oil outlook
His Excellency Mohammed bin Hamad al Rumhi, Oman’s Minister of Oil and Gas, today said that though no deeper oil output cuts were discussed...
Saudi Aramco might list 1% on the Riyadh stock exchange by end of 2019
Saudi Aramco might soon be on the Riyadh stock exchange (Tadawul) with Saudi Arabia planning to list 1% of the state oil giant before...
November 2019 Oman crude cargo sold at OSP +$0.18
The Ministry of Oil and Gas (MOG) has sold a cargo of Oman blend crude via DME Auctions for a high premium above the...
Global collaborations to be key focus of World Heavy oil Congress & Exhibition discussions
Oman is all set to place host to the 10thannual World Heavy Oil Congress & Exhibition (WHOC) starting Sept. 2, 2019. The congress, which...
