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OPEC’s Oil Exports Are Rising In August

Crude oil exports from OPEC producers rose by 223,000 barrels per day (bpd) in the first week of August, compared to the average shipments...

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$100+ Oil Is Back For The Long Haul

Oil prices gained over 4.6% on Monday as the market attempted to digest developments in the Middle East, and as the dollar weakened slightly. Brent oil...

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Biden Advisor Sees OPEC+ Raising Oil Production

Biden advisor Hochstein expects OPEC+ to take a few more steps to boost supply. Hochstein didn't elaborate on how much spare capacity OPEC+...

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UAE Leader In France To Discuss Russian Energy Alternatives

French President Emmanuel Macron is hosting the leader of the United Arab Emirates on Monday to ensure energy supplies from the oil-rich Gulf country...

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Global Financial Crisis: UBA Forges Ahead, Unveils Operations in Dubai, Targets Asia, Middle East And The Pacific!

The United Bank for Africa (UBA) has officially launched a new branch in the United Arab Emirates (UAE) to expand its frontiers into Asia,...

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China Is Taking Advantage Of Western Sanctions On Russia

Though oil prices are on the rise across the globe, China is seeing prices fall. Western sanctions against Russia have left Moscow willing...

Energy

OPEC+ Fails To Meet Output Target Once Again

Platts survey shows that OPEC+ missed its production target again in May. In April, OPEC alone missed its target by 2.7 million barrels...

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