- Winter Is Colder This Year and That’s Good for Energy Prices
January 06, 2021
Freezing weather that’s gripped large parts of the northern hemisphere is delivering a winter blessing for oil, gas and coal prices as suppliers meet a surge in heating demand.
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- Commodities 2021: Middle East renewables on rebound after project delays
December 11, 2020
The Middle East will be back on track for renewables growth in 2021 with hydrogen taking a growing role after a year of delays and cancellations as major oil-exporting nations focused on repairing state budgets due to low oil prices.
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- Commodities 2021: Fujairah sets sights on 4th refinery
December 08, 2020
Fujairah is expected to have its fourth refinery in 2021 as the UAE's Abu Dhabi National Oil Co. starts trading its flagship Murban crude as a futures product, potentially providing a boost to trading at the UAE's east coast port.
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- OPEC Wrangle Puts UAE’s Ambitions on Display
December 06, 2020
Just days before a high-stakes OPEC meeting to support an oil market ravaged by coronavirus, the United Arab Emirates’ state oil company told the world it planned to spend $122 billion to boost production capacity.
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- US crude a winner as demand shift prompts Indian refiners to lighten slate
November 12, 2020
The structural shift in India's oil products demand pattern in favor of products like LPG and naphtha and away from diesel have prompted refiners to lighten their crude slate, a move that may help US crude imports to post positive growth...