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21.08.26 - 01:21
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ADNOC Issues Ninth Spot Crude Tender Since June As UAE Boosts Oil Exports (ZeroHedge)
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ADNOC Issues Ninth Spot Crude Tender Since June As UAE Boosts Oil Exports
Submitted by Tsvetana Paraskova of OilPrice.com
Abu Dhabi National Oil Company (ADNOC) has just issued its ninth spot tender offering crude oil to buyers for October and November loadings, as the United Arab Emirates (UAE) continues to push its oil production and exports higher despite the Hormuz crisis.
The UAE's national oil company is offering Upper Zakum, Umm Lulu, and Das crude grades pumped at fields inside the Persian Gulf in its ninth spot tender since June, sources in the trade industry told Reuters on Thursday.
In the previous eight spot tenders this summer, ADNOC is estimated to have sold more than 100 million barrels of crude to buyers.
As in the previous tenders, the ninth spot tender offers buyers the opportunity to buy cargoes on a free-on-board basis at UAE's Fujairah Storage, Zirku, or Das Island, or arrange ship-to-ship (STS) transfers at the Fujairah-Sohar range outside the Strait of Hormuz, accordin...
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20.08.26 - 18:18
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VAE: Wirtschaftliche Erholung trotz Iran-Krieg? (DW)
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Der Iran-Krieg setzt der Wirtschaft der Vereinigten Arabischen Emirate (VAE) zu: Einwohner haben das Land verlassen, Touristen ihre Reisen storniert. Zugleich betonen die Behörden, die Wirtschaft stabilisiere sich....
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20.08.26 - 09:42
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Wirtschaft der VAE: Am Abgrund oder auf Erholungskurs? (DW)
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Der Iran-Krieg setzt der Wirtschaft der Vereinigten Arabischen Emirate (VAE) zu: Einwohner haben das Land verlassen, Touristen ihre Reisen storniert. Zugleich betonen die Behörden, die Erholung habe bereits begonnen....
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