Oil
The Ministry of Commerce and Industry (MoCI) has detected a violation against a car maintenance service centre during an inspection campaign at outlets in Umm Salal, aimed at monitoring compliance with Law No. (8) of 2008 on Consumer Protection. T..
Frantic oil buying driven by supply outages and signs the Omicron variant won't be as disruptive as feared has pushed some crude grades to multi-year highs, suggesting the rally in Brent futures could be sustained a while longer, traders said. ..
China's refinery output hit a record in 2021, up 4.3% from 2020, on robust first-half fuel demand in particular and as refiners ramped up processing to fill a supply gap after a hefty new tax closed loopholes in blending fuel imports. Total re..
Saudi Arabia's King Salman said on Wednesday the OPEC+ production agreement was "essential" to oil market stability and stressed the need for producers to comply with the pact. The king, in an annual speech to the advisory Shura Coun..
Venezuela this year almost doubled its oil production from last year's decades-low as its state-owned company struck deals that let it pump and process more extra heavy crude into exportable grades. The surprising reversal began as state-run P..
Coffee prices rose to a decade high on Wednesday, fueled by a shipping crunch, a spike in demand, and dry weather. The ICE Arabica coffee futures contract, which tracks the higher-quality bean, was sitting above $2.40 per pound midmorning in Europ..
Essential oils have been associated with the perfume-making industry and aromatherapy for too long. It is time that people think about it from other perspectives as well. For example, essential oils are great for your skin and hair. They also keep yo..
China will release crude oil from its reserves according to its needs, a foreign ministry spokesman said on Wednesday, adding that the country was in close communication with oil-producing and oil-consuming countries. The United States said on Tue..
At least 91 people have died after a massive explosion when a fuel tanker collided with a lorry in Sierra Leone's capital, Freetown. Fuel spilled before igniting and the resulting inferno engulfed bystanders and vehicles at a busy junction. ..
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