Murban crude was pegged at US$113. 60 per a barrel, Lower Zakum at US$113. 60, Umm Shaif at US$113. 10, while Higher Zakum stood at US$109. 05 per a barrel. The crude prices dropped by $7 per a barrel ...

Earlier this year, the Chinese firm took over from French supermajor TotalEnergies as asset leader for Bu Hasa, ADNOC’s ...

Asian imports of US West Texas Intermediate crude are set to increase due to rising Middle Eastern crude prices, reduced ...

China’s Zhenhua Oil is set to double its oil offtake from Abu Dhabi National Oil Company (Adnoc) to 200,000 barrels per day (bpd) after taking on a new role leading development of one of the ...