Tag: Supply
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A report expects an increase in oil prices and a decrease in supply by 2 million barrels per day
A recent report sheds light on the developments in oil prices, according to global oil stocks that have not witnessed a decline due to the abundance of supply in the markets. The report – issued by the Swiss investment bank “UBS” – confirmed that although demand for oil remains strong, supply from several locations witnessed…
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The UAE’s ADNOC intends to offer 15% of the shares of the “Supply and Services” company
Abu Dhabi National Oil Company “ADNOC” continues to implement its strategy aimed at diversifying sources of income by issuing minority stakes in a number of its subsidiaries. The Emirati company announced its intention to offer a minority stake representing 15% of the shares of “ADNOC Logistics and Services”, the leading company in the field of…
