Category Archives: Business & Finance

Fujairah oil products stockpiles fall

FUJAIRAH, Inventories of marine bunkers and other heavy distillates at the port of Fujairah in the UAE dropped to a four-month low at the start of this week amid reports of increasing demand, data released Wednesday by the Fujairah Oil …

Commodity tracker: 6 charts to watch this week

S&P Global Platts editors’ pick of unfolding commodities trends. This week, bunker values at Fujairah plunge, mine overcapacity puts pressure on key battery metal lithium, and US LNG exporters face tight margins over the summer. Plus Chinese refiners’ growing taste …

Political clouts reign supreme over crude

‘Crude’ front is heating up. Events are beginning to happen, and, in quick succession. Ominous clouds could be seen hovering all around.

Amid, escalating UK-Iran tensions, the UK is deploying a second warship in the Persian Gulf, where reportedly, three …

More than 4 million visitors to Sheikh Zayed Mosque in of Year of Tolerance

ABU DHABI, The Sheikh Zayed Grand Mosque, a symbol of Islam that embodies the message of peace, tolerance and diversity, welcomed 4,480,000 visitors from 249 nationalities in the first half the Year of Tolerance, according to the half-yearly statistics released …