tag oil-trading hub

Oil Glut Closes Middle East’s Largest Crude Terminal

EghtesadOnline: With the coronavirus choking fuel demand and the world awash in surplus crude, even the Middle East’s main oil-trading hub has run out of room to store unwanted barrels.
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Publish Date:14/April/2020 | 19:28

U.A.E. Oil Port at Fujairah Opens Crude Jetty to Boost Hub Role

EghtesadOnline: Fujairah, a rocky ribbon of land between the Hajar Mountains and the Indian Ocean coast of the United Arab Emirates, plans to boost its influence as an oil-trading hub with the addition of the region’s first crude-shipment jetty and expanded storage facilities.
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Publish Date:21/September/2016 | 17:22