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A service for energy industry professionals · Saturday, June 10, 2023 · 638,769,224 Articles · 3+ Million Readers
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Middle East Heating Oil News Monitoring

  • Published on 10:56 GMT

    UAE’s Coral Reef Restoration Projects: A Step Towards Saving The Ocean

    The UAE is restoring its coral reefs, after severe impact due to bleaching events caused by rising sea temperatures. To combat this issue, the UAE has turned to coral nurseries as a means of restoring these vital ecosystems. Although corals can survive …

    Source: Scoop Empire - Uncategorized
  • Published on Jun 8, 2023

    Oil ends lower, but above session lows after a report, and denial, of progress toward a U.S. deal with Iran

    Oil futures finished with a loss on Thursday, pressured by a report that the U.S. and Iran may be nearing a deal on Tehran’s uranium enrichment and oil exports. Prices, however, settled above the session’s lowest levels after a U.S. government official …

    Source: MarketWatch - Neutral
  • Published on Jun 5, 2023

    Oil prices jump after Saudi Arabia sets July production cut

    Oil futures remained strongly higher Monday, after Saudi Arabia over the weekend agreed to deliver an additional 1 million–barrel daily production cut next month as the Organization of the Petroleum Exporting Countries and its allies moved to extend …

    Source: MarketWatch - Neutral
  • Published on Jun 6, 2023

    Oil prices end lower, erasing gains seen after Saudi plan for production cut

    Oil futures ended lower on Tuesday, with worries over the global economic outlook leading prices to give back gains seen in the wake of Saudi Arabia’s plan to further cut its production in July. Price action West Texas Intermediate crude for July delivery …

    Source: MarketWatch - Neutral
  • Published on Jun 9, 2023

    Oil futures tally a second weekly decline

    Oil futures finished lower on Friday, contributing to a loss for the week as subdued China data fed concerns over the outlook for energy demand. Prices have failed to find much support in the wake of Saudi Arabia’s decision last weekend to voluntarily cut …

    Source: MarketWatch - Neutral
  • Published on Jun 9, 2023

    Black gold, Texas tea

    June 8, 2023   ·   0 Comments by BRIAN LOCKHART “Come and listen to my story about a man named Jed, A poor mountaineer who barely kept his family fed. And then one day he was shootin’ at some food, And up through the ground come a bubblin’ crude. Oil, that …

    Source: Shelburne Free Press - Neutral
  • Published on Jun 7, 2023

    Irving Oil launches strategic review, includes possible sale

    Irving Oil Ltd., the operator of Canada’s largest crude refinery, is reviewing strategic options that may include putting billions of dollars worth of key North American refining and fuel-distribution assets up for sale. Other options include a change in …

    Source: BNN Bloomberg - Neutral
  • Published on Jun 7, 2023

    Here’s what refining margins say about the state of the oil market

    With an uncertain picture on oil supply and demand, traders are searching for any clear clues on where the market is headed. On Sunday, Saudi Arabia announced unilateral cuts to crude production, on top of already pledged reductions in output that it is …

    Source: Moneyweb - Neutral
  • Published on Jun 7, 2023

    News: Hard Rock Hotel & Chasa Montana spas add to health & well-being proposition of the Swiss Graubunden

    The Swiss region of Graubunden is aiming to attract increasing numbers of GCC visitors this summer, with a focus on luxury and value-led health and wellness, as well as outdoor family adventures. “In addition to Graubunden’s range of hotels and serviced …

    Source: Breaking Travel News - Neutral
  • Published on Jun 7, 2023

    Asia distillates: Gasoil premiums fall after cautious buying

    SINGAPORE: The uptrend in spot premiums for Asia 10 ppm sulphur gasoil paused after five sessions of gains as buying sentiment was shaken by the sustainability of firm oil futures, against a backdrop of unchanged demand fundamentals. Buyers turned cautious …

    Source: Business Recorder - Neutral
  • Published on Jun 6, 2023

    Leaders spar on agenda

    UNITED NATIONS CLIMATE CHANGE BERLIN — Nations resumed talks on tackling global warming Monday with the aim of shaping a deal that might put the world on track to prevent a dangerous increase in temperatures, as the U.N.'s top climate official called …

    Source: Madison News - Wisconsin - Neutral
  • Published on Jun 5, 2023

    Agenda spat at UN climate talks as top official sees chance to ask ‘difficult questions’ in Dubai

    BERLIN —  Nations resumed talks on tackling global warming Monday with the aim of shaping a deal that might put the world on track to prevent a dangerous increase in temperatures, as the U.N.’s top climate official called for deep cuts in fossil fuel use. …

    Source: The San Diego Union-Tribune - California - Neutral
  • Published on Jun 2, 2023

    Oil Demand Outlook Remains Uncertain Ahead Of OPEC Meeting

    Ahead of the upcoming OPEC+ meeting, July WTI oil prices saw a significant increase on Thursday, offsetting rising inventories in the US. The passing of a bill to suspend the US debt ceiling by the House of Representatives also contributed to the positive …

    Source: Oil Price - Neutral
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