Oman set to call bids for Ras Markaz crude terminalBids 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 More… |
Oil edges higher but glut swells storageOil 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 More… |