A gauge of the nation’s stocks plunged almost 8%. commodity futures from iron ore to crude sank by the daily limit. and the yuan weakened past a key level against the dollar.
Read More »UAE Announces Major Gas Find
The UAE wants to achieve gas self-sufficiency and possibly become a net gas exporter.
Read More »Coronavirus Haunts Oil Markets
China has reported 361 deaths from the virus so far.
Read More »OPEC+ Panel Weighs Impact on Oil Demand from Virus
Iraq. OPEC’s second-biggest oil producer. supports any agreement that would stabilize the market.
Read More »UAE Finds World’s Biggest Gas Field since 2005
Dubai and Abu Dhabi made what could be the world’s largest natural gas discovery since 2005 as the two biggest sheikhdoms in the United Arab Emirates.
Read More »Iran has Capacity for $31bn Worth of Exports to Neighbors
Iran enjoys high potential to export up to $20. $6 and $5 billion worth of products to Iraq. Afghanistan. and Pakistan respectively.
Read More »Aramco-Like Mammoth IPO Proposed for India’s Biggest Insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year.
Read More »Inida Allocates above $14mn to Iran`s Chabahar Port
he Indian government has allocated some Rs 100 crore for the strategic Chabahar Port project in southeastern Iran that gives India connectivity to Afghanistan bypassing Pakistan.
Read More »Saudi Arabia may Cut March Prices for Most Crude Grades to Asia
Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.
Read More »Erdogan`s Attempt to Explore Gas in the Eastern Mediterranean
Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.
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