August
Oil Suffers Worst Losing Run Since 2020 as Slowdown Angst Flares
Oil headed for a third monthly drop, the longest declining streak in more than two years, on prospects for slower global growth as central banks tighten policy and China presses on with its Covid Zero strategy.
ADNOC awards onshore and offshore drilling deals worth US$1.83 bln
ADNOC has awarded five framework agreements valued at $1.83 billion for Directional Drilling and Logging While Drilling (LWD) to support its efforts to expand production capacity of its oil and gas resources
Russian Crude Shipments to Asia Slump to Lowest Since March
Seaborne flows to Asian buyers have fallen by 500,000 barrels a day from the heights they reached between mid-April and mid-June
