Thursday 2 May 2024
 
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Crude storage

Oman set to call bids for Ras Markaz crude terminal

Bids for the first phase of Ras Markaz crude storage park are due in next month, a top official was quoted as saying in an Oman Observer report. Oman Tank Terminal Company (OTTCO), a wholly owned subsidiary of state-run O

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Oil edges higher but glut swells storage

Oil edged higher on Monday as investors prepared for a week of important economic indicators, but prices remained range-bound on indications that the global storage was nearing capacity. Brent, the international benchmark, was up

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