Gulf Fuel Markets | Atoll Times

Gulf Fuel Markets

Oil edges lower despite Middle East conflict

There have been no oil supply losses so far, but the shipping disruption is indirectly tightening the market.

16 January 2024

Oil companies cautious about drilling; energy transition looms

The United Nations estimates that close to 2 billion people will still rely on unsafe and polluting fuels for cooking by 2030.

21 September 2023

Iran seizes oil tanker in Gulf, U.S. Navy says

Iran last November released two Greek-flagged tankers it seized in the Gulf in May.

Norway's oil fund to vote against climate resolution at BP

"NBIM failed the first real test of its new climate voting policy," Follow This founder Mark van Baal wrote.

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Most Gulf markets fall on lower oil prices; Abu Dhabi up

The Qatari Stock index dropped 1.7%, with most of its constituent stocks in negative territory.

1 February 2023