Oman Oil Marketing Co. (OOMCO) and TFG Marine, a leading international marine fuel joint venture (JV) founded by Trafigura, Frontline and Golden Ocean, have established a bunker fuel JV to supply ...

John Fredriksen and Trafigura-backed bunker supplier TFG Marine is forming a new joint venture to capture ship fuel volumes in Oman. The company said it has signed a deal to set up TFG-OOMCO with Oman ...

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

World oil production decreased by 1,014 kb/d in September to 80,795 kb/d. The largest decreases came from Libya, 350 kb/d, ...

Oman crude price surged by 5.5% on Monday to its highest level in four months, reaching $82.22 per barrel, driven by renewed ...

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that ...

Oman’s gross domestic product (GDP) at constant prices is projected to grow to OR39.43 billion ($102.42 billion) in 2025, up ...

However, the fund warned that US president-elect Donald Trump’s plans to implement tariffs on its trading partners could ...

ADNOC's internationalization strategy, through shipping, downstream investments, and lower-carbon initiatives makes it a ...