Abu Dhabi Proposes New Oil Pricing System To Mirror Wider Market
Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms
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Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms
Iran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncertainty over global oil markets
Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears of fresh supply disruptions from the Middle East. Analysts say concerns over the Strait of Hormuz, tighter sanctions and d

Almost two months after a Pakistan-brokered ceasefire, Iran and Israel traded direct strikes at each other s territories again, over Sunday night and Monday. For a while, return to full-scale war...