energy

From oil to batteries, Chinese energy companies flag first-half windfalls

Exclusive: The US is using an Iranian smuggling tactic to sneak oil out of the Gulf Reuters

Abu Dhabi National Oil Co has hired commodities veteran Benoit Roulon to head up its trading arm, part of the long-term expansion plan at the Middle Eastern producer which quit OPEC last month.

Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and key market gauges tumbling.

Explainer: Middle East oil and gas output will take months to fully recover Reuters

Transaction expands and diversifies portfolio, immediately boosts cash flow Transaction expands and diversifies portfolio, immediately boosts cash flow

Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide Reuters

Oil falls as markets weigh return of supply, US-Iran peace deal Reuters

Qatar is planning to rapidly boost liquefied natural gas production once the Strait of Hormuz reopens, aiming to restore most of its export capacity within two months, according to people familiar with the matter.

Three months into a conflict that has roiled the Middle East, a nuanced picture is emerging on the state of Dubai’s housing market. The total value of transactions is down steeply, though prices have proved more resilient and buyers continue to seek out pockets of opportunity.