The United Arab Emirates produced 2.7 million barrels per day (bpd) of oil in August, down around 100,000 bpd from the previous month, an industry source familiar with the matter told Reuters on Thursday.
September 6, 2012 5:41
The United Arab Emirates (UAE) is on track to expand its crude oil production capacity to 3 million barrels per day (bpd) by the end of the year, two industry sources said on Tuesday.
August 28, 2012 6:41
Will ask Iran to deliver the crude, cover insurance risk; Chinese, Indian buyers have also asked Iran to deliver; Korean deal almost reached, government source says; First cargo could arrive end September or early October; Asia's big-four buyers take over half of Iran's exports
August 8, 2012 4:22
Taiwanese state-owned refiner CPC Corp will not import any Iranian crude in July after the latest round of U.S. sanctions that target Iran's main tanker firm, an industry source familiar with the matter said on Wednesday.
July 18, 2012 5:26