Fujairah's media office announces that smoke at the oil zone was the result of pipeline maintenance
This announcement clarifies that the smoke observed in Fujairah's oil zone is tied to routine pipeline maintenance, rather than a supply disruption or escalation in geopolitical tensions.
US President Trump has arrived at state banquet in Beijing, CCTV reports
Pakistan Foreign Ministry says the peace process is intact, its holding on, we remain engaged and hopeful, Journalist Mallick reports
Fujairah's media office announces that smoke at the oil zone was the result of pipeline maintenance
China Industry ministry says it will strengthen safety, supervision and management of new energy vehicles,
Comcast's (CMCSA) Sky deal to takeover ITV (ITV LN) is reportedly "weeks away", according ITV citing insiders
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Given that the oil market is sensitive to disruptions, this news should alleviate concerns, potentially stabilizing WTI prices during the EU session.
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