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UAE

Crude Oil News

Iraq Denies UAE Firm’s Claim U.S-Seized Iranian Oil Cargo Was From Baghdad

March 18, 2021 Stu Turley

Iraq’s state oil marketing firm SOMO denied a claim by Fujairah International Oil & Gas Corp of the United Arab Emirates (UAE) that an oil cargo, which the United States seized alleging that it carried Iranian crude […]

Crude Oil News

Iran Says Ready for Talks With Arab States Without Preconditions – What about Israel and what does this mean for oil?

February 21, 2021 Stu Turley

Energy News Beat Publishers Note: What this means to energy: Notice Israel is not on Iran’s list of countries to “get along with”, and with the Biden administration begging to get back to an Iran […]

Iran Refuses To Negotiate Korean Fuel Tanker Release - Energy News Beat
Crude Oil News

Oil’s Recovery Is Too Fast for Its Own Good – OPEC’s compliance enforcement will make a difference

February 8, 2021 Stu Turley

Energy News Beat Publishers Note: Compliance and accountability will be key for the stability of world oil prices. As stated below “Compliance is measured in average barrels per day from the beginning of May to […]

UAE Energy Minister Suhail Al Mazrouei - Energy News Beat
Commodities

The UAE Warns U.S. Shale Companies Against Pumping More Oil

January 13, 2021 Stu Turley

Any attempt by U.S. shale and other oil producers to boost output this year will backfire and lead to lower prices, according to the energy minister of the United Arab Emirates. Oil prices have surged […]

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