Latest News for: Oil trading

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Crude oil up despite decline in US inventory

Business Line 25 Apr 2024
Crude oil futures traded higher on Thursday morning despite official data indicating decrease in oil inventories in the US.
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Holiday Island Holdings, Inc. Puts the LOI With Supeca Oil Trading USA, LLC on Hold ...

Nasdaq Globe Newswire 25 Apr 2024
HOLIDAY ISLAND HOLDINGS, INC. PUTS THE LOI WITH SUPECA OIL TRADING USA, LLC ON HOLD AND PLEDGES TO CONTINUE WORKING ON THIS AND OTHER PROJECTS ... .
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Equinor first-quarter profit down 37% on lower gas prices

Natural Gas World 25 Apr 2024
OSLO, April 25 (Reuters) - Equinor posted a sharp fall in first-quarter profit on Thursday, hit by tumbling natural gas prices in Europe, though strong energy trading and rising output limited the decline.
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UAE, Chile successfully concludes CEPA negotiations

Bahrain News Agency 25 Apr 2024
The non-oil trade between the UAE and Chile amounted to US$305.1 million in 2023, representing a remarkable growth of 23.6% since 2019.
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UAE and Chile conclude CEPA negotiations to boost trade ties

Gulf Today 25 Apr 2024
This agreement marks a significant milestone within the UAE’s CEPA programme, which aims to raise the value of the country’s non-oil foreign trade to Dhs4 trillion by 2031. The non-oil ...
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Biden signs Iran oil sanctions measures into law

Tradewinds 25 Apr 2024
... tougher measures targeting the Iranian oil trade with China.
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Dubai to host the 31st Annual Middle East Petroleum & Gas Conference from 20 to ...

Emirates 24/7 25 Apr 2024
... strike a balance in addressing fossil fuels and renewable energy, against the backdrop of regional conflicts affecting global oil and gas flows and trading, energy security, and geopolitical tumult.
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Repsol's Q1 profit tumbles by a third but better than expected

Natural Gas World 25 Apr 2024
MADRID, April 25 (Reuters) - Spain's Repsol said on Thursday that first-quarter profit fell by a third - though that was less than expected - hurt by lower gas prices and a weaker performance from its refining and trading businesses.
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Gasoline down, heavy fuel oil up

The Saigon Times 25 Apr 2024
... heavy fuel oil has risen slightly, according to an announcement jointly issued by the ministries of Industry-Trade and Finance today, April 25.
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India's oil imports from Russia drops 19% in February, Saudi Arabia 2nd largest supplier

Live Mint 25 Apr 2024
India's crude oil consumption up 4.6% in FY24, output rises marginally at 0.6%, imports steady. PPACThe crude oil market has witnessed significant volatility in the past two months with escalating tensions in West Asia.
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UAE and Kenya sign investment pact to bolster mining and technology sectors

The National 25 Apr 2024
UAE and Kenya conclude terms of Cepa trade in sectors from food to tech ... In 2023, the UAE and Kenya's non-oil trade rose 26.4 per cent year on year to $3.1 billion, Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, said in February.
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UAE-Kenya deals: ADQ to establish investment framework

Gulf Business 25 Apr 2024
In 2023, non-oil trade between the UAE and Kenya rose by 26.4 percent year-on-year to $3.1bn ... .
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Turkish stock exchange flat at close

Anadolu Agency 25 Apr 2024
(1625GMT), while the EUR/TRY rate stood at 34.8985, and the GBP/TRY traded at 40.5830 ... price of Brent oil was around $87.45.
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Turkmen president thanks UK for supporting his country’s initiatives within UN

Anadolu Agency 25 Apr 2024
“The oil and gas industry, agriculture and new technologies were identified as promising areas of interaction,” the statement said, adding that issues of climate change and its effects were also among the topics of discussion.
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Chaired by Mohammed bin Rashid, UAE Cabinet allocates AED2 billion to address damage to citizens’ home

The Gulf Time 25 Apr 2024
Additionally, the country’s non-oil trade with the ten largest trade partners also recorded a growth of 7%, and the value of the national exports and re-export of goods scored in 2003 AED1,175 trillion.

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