President Of OPEC Heavyweight UAE Dies

President Of OPEC Heavyweight UAE Dies

From oilprice.com

The President of the United Arab Emirates (UAE), Sheikh Khalifa bin Zayed Al Nahyan, died on Friday, the state news agency of OPEC's third-largest producer reported. Sheikh Khalifa bin Zayed Al Nahyan suffered a stroke back in 2014, and since then, he has rarely participated in the day-to-day affairs of the UAE. His half-brother, the Crown Prince of Abu Dhabi, Mohammed bin Zayed Al Nahyan, known as MBZ, has been the de facto ruler of the UAE for several years now. The crown prince is expected to succeed his half-brother as ruler of Abu Dhabi. The UAE will observe a forty-day national mourning with the flag flown at ... (full story)

- Older Stories
Russian fuel oil exports to UAE's Fujairah set to spike in May
From zawya.com|May 13, 2022
Russian fuel oil arrivals in the UAE oil hub of Fujairah are set to jump sharply to about 2.5 million barrels this month, data shows, in a sign that flows of Russian oil and ...
Energy Market Commentary: Larry Shover, 5/13/22
From youtube.com|May 13, 2022
WTI rises amid risk-on rally, IEA production data and Chinese lockdown news. Larry Shover explains.
U.S. drillers add oil and gas rigs for eighth straight week
From boereport.com|May 13, 2022
U.S. energy firms last week added oil and natural gas rigs for an eighth week in a row as high prices and prodding by the federal government prompted drillers to return to the ...

- Newer Stories
ERCOT Asks Texans to Conserve Power Until 8 PM, Through the Weekend
From stylecebu.com|May 13, 2022
ERCOT, Texas’ power grid operator, is putting out a call for all Texans to conserve energy over the next few days as we head into a weekend with potentially record heat. In a ...
Ride of the “Volkyries”
From plus2.credit-suisse.com|May 13, 2022|1 comment
If the current episode of monetary tightening were a scene from a movie, we’d be looking at something similar to the scene from Apocalypse Now, where a group of helicopters is ...
OPEC highlights positive expectation for UAE economy
From zawya.com|May 14, 2022
The OPEC Monthly Oil Market Report (MOMR) has maintained its positive momentum with regard to the UAE’s economic recovery. The MOMR, issued on Thursday, stated that the economic ...