Canada Prepares Multi-Billion Bailout for Oil Industry
The Canadian federal government is preparing a billion dollar financial aid package for the oil and gas industry and could […]
Saudi Price War Wipes Billions Off Oil Majors
The oil price war in Saudi Arabia wiped billions of pounds off the market value of the largest companies in […]
Former Duopoly Executives Start New Oil Price Reporting Agency
Two former executives from global oil and commodity price agencies Argus Media and the monopoly that you all love, have […]
Mena energy companies to launch new oil benchmark for Murban
The Abu Dhabi National Oil Company (Adnoc) and a number of international energy traders have teamed with the Intercontinental Exchange […]
Benchmark Oil Price Has Its Highest Increase Ever!
The crude oil benchmark recorded its largest ever rise in intraday business to more than $ 71 a barrel on […]
The UAE is planning to launch regional oil benchmark
The UAE government-led ADNOC, long regarded as one of the Middle East’s most conservative oil companies, plans to revise its […]
Tension puts oil price benchmark into reverse
The price of oil plummeted nearly 4 percent as fears of a weakening demand overshadowed the agreement of some of […]
Oil Traders Have Bigger Worries Than Tankers in Hormuz Strait
Oil tankers in the Gulf of Oman and in the US in flames pointing at Iran should be enough to […]
When Oil Price Benchmarks Don’t Reflect Supply And Demand
The divergent assets of crude oil-derived fuel products impact two oil benchmarks more than the supply situation on the market. […]
Argus Launches LSFO Fujairah Price
Argus, the oil price reporting agency has introduced LSFO price assessments for the former yard and supplied the bunker markets […]