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Energy Intelligence Group reporter Amena Bakr: I don't think the UAE will "dump" oil on the market once the war ends and oil transport through the Strait of Hormuz resumes. However, they will certainly have the flexibility to increase production abov

2026-04-29

Energy Intelligence Group reporter Amena Bakr: I don't think the UAE will "dump" oil on the market once the war ends and oil transport through the Strait of Hormuz resumes. However, they will certainly have the flexibility to increase production above pre-war quota levels.

Other News
2026-04-28

The EU naval forces have confirmed two piracy incidents off the northern coast of Somalia, involving the oil tanker "Honor 25" and the merchant ship "Swad".

The EU naval forces have confirmed two piracy incidents off the northern coast of Somalia, involving the oil tanker "Honor 25" and the merchant ship "Swad".
2026-04-28

GCL System Integration Technology Co., Ltd. announced that it suffered a net loss of RMB 187 million in the first quarter of 2026, compared with a net loss of RMB 198 million in the same period last year.

GCL System Integration Technology Co., Ltd. announced that it suffered a net loss of RMB 187 million in the first quarter of 2026, compared with a net loss of RMB 198 million in the same period last year.
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