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First UAE company enters Northern Iraq’s oil exploration, production

BlackGold - a fully owned subsidiary of Al Zarooni Enterprises - has become one of the first UAE companies to enter the lucrative energy...

CFOs critical role in the economic survival of oil and gas...

With oil prices slowly recovering from the dramatic fall last summer which forced global organisations to put multi-million dollar projects on ice, ACCA (the...

Weak Fundamentals Weigh on Oil Price

In electronic trade on Monday, oil futures fell further, adding to heavy losses suffered at the end of the previous week. Rising U.S. dollar...

Oil Prices to remain volatile

Analysis and discussion with Doug Sandler of Riverfront Investment Group

Oil Weekly Update

US crude oil futures fell last Friday, ending May with the worst monthly decline since December 2008, at the height of the financial crisis,...

Will Oil break out of trading Rrange?

Interview and discussion with Edward Morse of the LCM Commodities. He shares his insights on how oil will trade in the future.

How Fake is Our News?

Hardly a day goes by without media and sometimes government claims that Russia has been utilising social media tools to spread fake news and...

Dubai crude to be priced at a 20 cents discount during...

The selling price for Dubai crude oil, will be fixed at a 20 cents discount against Oman futures for September in comparison to...

Egypt unrest pushes Brent crude oil to $100 a barrel

The price of Brent crude oil has passed $100 a barrel for the first time since October 2008 on concerns about the political unrest...

Potential Shortage of Global Oil Supplies in 3 Years

The recent drop in oil industry investment brought on by weak prices threatens to significantly slow supply growth in the long term, and could...

Oil market to “move close to balance” in H2 of 2016

Evidence of falling U.S. production and a drop in supplies outside of OPEC will help the oil market "move close to balance" in the...

S&P Global Survey: Middle East Crude Prices Reflect Collapsing Oil Markets

A survey of different crude market participants conducted yesterday by S&P Global Platts speaks volumes about the plunge in official selling prices (OSP) of...

Reduced Demand For Global Oil Supply May Be Permanent

Robert Minter, Investment Strategist at Aberdeen Standard Investments, explains the impact of the pandemic on the O&G sector worldwide and offers some predictions for...

Sheikh Mohammed announces new oil discovery in Dubai

H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai today announced the new oil discovery in...

Oil markets expected to continue to tighten

Oil markets will continue to tighten over the next two years given expected robust growth in world oil demand and slow growth in...

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...

Dubai new oilfield operation will begin within a year

An offshore oilfield announced by Dubai this week is likely to begin commercial production within a year. The field which is named al-Jalila will...

Expect petrol price hike

The UAE federal government has been fixing retail prices for petrol and diesel fuel at levels below retailers’ cost for the past many years....