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Bloomberg launches Murban Crude Oil Index for futures trackingBloomberg announced the new Bloomberg Commodity Murban Crude Oil Index, aimed at tracking the performance of rolling futures on Murban Crude Oil. The new offering is a subindex of the flagship Bloomberg Commodity Index (BCOM) and reflects the More… |
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Dragon Oil signs commercial marketing deal with Egypt PetroleumDragon Oil Company, wholly owned by the Government of Dubai, has signed a commercial marketing agreement with the Egyptian General Petroleum Corporation (EGPC), for quantities of production from the North Safa and Al-Wasl fields in the Gulf of More… |
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QatarEnergy supplies crude oil to Shell in five-year dealQatarEnergy has announced a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). The agreement stipulates the supply of up to 18 million barrels per annum of Qatar Land and Qatar Marine crud More… |
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QatarEnergy supplies crude oil to Shell in five-year dealQatarEnergy has announced a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). The agreement stipulates the supply of up to 18 million barrels per annum of Qatar Land and Qatar Marine crud More… |
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ITOCHU signs crude oil purchase agreement with Oman’s MEMITOCHU Corporation, leading Japanese trading and investment company, signed a crude oil sales and purchase agreement 2024 with the Ministry of Energy and Minerals (MEM) on November 29, 2023, to mark its 50th-anniversary celebrations in Om More… |
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Gulf states provide 97% of Japan crude importsJapan's total crude oil imports were 68.5 million barrels in June, of which 66.7 million, or 97.3 percent, were provided by the UAE, Saudi Arabia, Kuwait, Qatar and Oman, said he Natural Resources and Energy Agency of Japan's M More… |
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Saudi Arabia to extend oil output cut; prices go upSaudi Arabia and Russia, the world's biggest oil exporters, deepened oil cuts on Monday, sending prices higher despite concerns over a global economic slowdown. Saudi Arabia said it would extend its volunta More… |
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Montfort, Private Office acquire Uniper’s oil facility in UAEMontfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum have agreed to jointly acquire Uniper’s UAE-based crude oil processing and marine fuel trading business (Uniper Energy DMCC). More… |
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IMF forecasts 5% real growth in region this yearThe International Monetary Fund (IMF) has forecast a real GDP growth of 5 per cent this year across the region, increasing from 4.1 per cent in 2021, as a multispeed recovery continued in the first half of the year. More… |
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IMF forecasts 5% real growth in region this yearThe International Monetary Fund (IMF) has forecast a real GDP growth of 5 per cent this year across the region, increasing from 4.1 per cent in 2021, as a multispeed recovery continued in the first half of the year. More… |
