Fujairah oil stocks fall 6 percent on week

FUJAIRAH, Oil product stocks at Fujairah in the UAE fell 6 percent week on week to 22.804 million barrels on 10th February, with inventories of all products falling except light distillates, which hit a 6-month high, data released by the …

OPEC basket price at $58.80 Thursday

VIENNA, The price of OPEC basket of fourteen crudes stood at $58.80 a barrel on Thursday, compared with $61.04 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: …

Non-oil GDP growth in Ajman accounts for 3.6% in 2018

AJMAN, The non-oil GDP in Ajman achieved a 3.6 percent growth in 2018, according to the emirate’s annual economic report 2019 issued by the Department of Economic Development covering the emirate’s economic outcomes until the end of 2018.

The report …

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