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ADNOC LATEST NEWS
ADNOC confirms one of its vessels targeted by missile while sailing through Strait of HormuzAn ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, ...- Middle East conflict sparks energy shock: European gas jumps 28%, oil surges 6%Energy prices soared after Iran attacked Middle Eastern energy infrastructure. Gas prices in Europe jumped 28% and oil gained 6%. Major gas...
- Oil sinks 11% to below $90 as Trump moots Middle East de-escalationOil prices plummeted by more than $10 a barrel on Tuesday after soaring to an almost four-year high in the previous session after U.S. Pres...
- The Mukesh Ambani-Gautam Adani rivalry is about to get intenseIn the latest sign of their coalescing orbits, the Adani Group has discussed the idea of buying a stake in Saudi Aramco from the oil-rich k...
- Crude oil prices fall as rise in virus cases, US inventories stall recoveryUS West Texas Intermediate (WTI) crude futures fell 23 to at $40.39 a barrel.
- Evidence of falling oil imports from China and India: UAEThere is evidence of falling oil imports from China and India, though it will take time to judge whether this is due to seasonal factors or...
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