Daily Archives: July 8, 2020

OPEC daily basket price stood at $43.15 a barrel Tuesday

VIENNA, The price of OPEC basket of thirteen crudes stood at US$43.15 a barrel on Tuesday, 7th July, 2020, compared with $43.57 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon),

Fujairah oil products stockpiles fall to two-month low, light distillates down 9%

FUJAIRAH, Stockpiles of light, middle and heavy distillates at the oil trading and bunkering hub of Fujairah declined to a two-month low July 6th, extending declines from the record set in early June amid signs of improved demand for transportation fuels as nations ease travel restrictions. Total inventory stood at 27.361 million barrels as of

Health Ministry conducts more than 51,000 additional COVID-19 tests, announces 445 new cases, 568 recoveries, 1 death

ABU DHABI, The Ministry of Health and Prevention, MoHAP, announced on Wednesday that it conducted over 51,000 additional COVID-19 tests, using state-of-the-art medical testing equipment. In a statement, the Ministry affirmed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment.

ADX transfers its Ras Al Khaimah and Fujairah branches to Sharjah, Al Dhafra branch to Abu Dhabi

ABU DHABI, Abu Dhabi Securities Exchange, ADX, has announced today the transfer of its Ras Al Khaimah and Fujairah branch offices to its Sharjah branch and the transfer of its Al Dhafra Region branch office to Abu Dhabi. The move is in line with ADX’s business development strategy, which is designed to facilitate digital acceleration