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Exports of Upper Zakum crude from the United Arab Emirates fell sharply in March after ADNOC diverted more supply to its own refinery and boosted shipments of its lighter Murban oil, according to... -April 01, 2024 at 01:20 am EDT - MarketScreener

(Bloomberg) -- The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.Most Read from BloombergIraq Says 16 Killed in US Strikes, Calls Security Risk GraveJapan Assures Fans Taylor Swift Can Make It to the Super BowlMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryChina’s Lunar New Year Pork Gloom Exposes Deep Economic TroubleBiden Swipes at Trump’s Personali...

One trading region is centred around the Atlantic Basin, and another encompasses the Persian Gulf, the Indian Ocean and East Asia.

Russia’s revenues from its main tax-generating sources of petrodollars almost doubled between April and October.

PARIS: From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits...

From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russias invasion of Ukraine, but they nevertheless remain comfortably profitable this year.

From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.- 'Exceptional year' - "2022 was clearly an exceptional year and not the norm," said Moez Ajmi, an energy analyst at the consulting firm EY. Oil and gas prices are now much lower.