Oil prices remain focused on Euro zone liquidity crisis solutions
Looking forward, oil prices will remain focused on talks that emerge from the meetings in Europe.
Oil prices officially charged into a bull market
Crude oil prices have advanced more than 20% from their August 2nd low over the past several sessions, signifying a bull-market run.
According to market...
Increase of Petrol Prices by 15 fils from Wednesday
The Petroleum Production Distribution companies in the country have decided to raise the prices of gasoline by 15 fils at various fuel stations nationwide...
45 Oil and Gas Transactions in MENA, up 14% from 2011
With an average of over four transactions announced globally every day in 2012, the oil and gas sector has remained one of the most...
Oil prices rise on Middle East uncertainty
Investors worry over supply while weak dollar boosts crude-oil prices
Oil futures moved up during European trading hours on Monday, because investors are concerned about...
Oil prices on recovery run
On Friday the price of oil jumped back again in electronic trade. The rebound came after two days of serious losses. Yet, a number...
Oil prices could drop as far as $70 a barrel
Oil prices worldwide could drop as far as $70 a barrel when the North African region and the Middle East see a calming of...
Oil Trades Below $50; Could Plummet to $35 a Barrel
Oil futures fell on Wednesday, with U.S. prices settling below $50 a barrel for the first time since early April. The reason for this...
Growing M&A interest in MENA Oil and Gas industry
Deloitte whitepaper tackles issues facing potential investors in MENA Oil & Gas industryGlobal Oil and Gas transactions have suffered a modest decline in both...
Oil rallies as stockpile growth slows
Oil rallied in early Wednesday trade in Asia after the biggest two-day slump in a month as U.S. industry data showed the pace of...
Oil futures rose by 1.6 percent, topping $106
Crude oil prices rose to two and half year highs on Monday on heightened worries about supply disruption due to deepening civil unrest in...
Global oil demand expected to rise, IEA
Global oil demand is expected to rise 1 million barrels a day next year compared to this year on muted economic recovery but growth...
ADNOC Announces US $45 Billion Investment Plan
ADNOC to create the world’s largest integrated refining and petrochemicals complex in Ruwais, UAE
Creation of new partnership and investment opportunities to enable...
DME Launches Eight New Oil Contracts
Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East announced the launch of eight new oil listings...
Abu Dhabi Plans Bonds Sale
Abu Dhabi, the capital of the United Arab Emirates, is sounding out investors about plans to issue bonds for the first time in more...
New petroleum terminal to be build in Jebel Ali Free Zone
Horizon Terminals Ltd marks groundbreaking of US$142 million Bulk Liquid Petroleum Terminal in Jebel Ali Free Zone
Scheduled to be commissioned in the 4th quarter...
OPEC Oil Production climbs to 31.27 million barrels per day in...
Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 400,000 barrels per day (b/d) to 31.27 million b/d in...