India Cools Off On Demand For Russian Crude Oil
Indian refiners are set to skip purchases of Russia ESPO crude oil this month due to higher freight rates, turning to Africa and the Middle East instead, industry sources said.
Source: ndtv.com
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UAE topples India in Kenya's imports race on costly oil
United Arab Emirates has leapfrogged India to become Kenya’s second largest source market after China on the back of soaring oil prices.
Source: businessdailyafrica.com
Taxi fare reduced in Sharjah after fuel prices fall
The move comes in line with the decision of the Executive Council, relating to the taxi tariff, which was set to be determined monthly depending on the fuel prices.
Source: gulftoday.ae
UAE reduces fuel prices significantly for September
The price of OPEC basket of thirteen crudes stood at US$104.85 a barrel on Monday, compared with US$103.89 the previous Friday, according to OPEC Secretariat calculations.
Source: gulftoday.ae
Saudi Arabia may slash crude prices for Asia - Pakistan Observer
Top oil exporter Saudi Arabia could slash October crude prices it offers to Asia after a plunge in spot premiums amid tepid fuel demand.
Source: pakobserver.net