Major stock markets in the Gulf were mixed in early trade on Tuesday as investors await this week's interest rate decision by the U.S. Federal Reserve.
The UAE's state energy firm ADNOC (ADNOC.UL) said on Tuesday its planned liquefied natural gas (LNG) project would move forward in the Al Ruwais Industrial City in Abu Dhabi and not in the emirate of Fujairah.
Iraq produced 3.938 million barrels per day (bpd) of crude in April, down 262,000 bpd from March, a source at state-owned crude marketer SOMO told Reuters on Tuesday.
After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new platforms providing a last hurrah as the region becomes a hot spot for burying greenhouse gases.
Russia temporarily halted gas supplies to Armenia on Monday for four days to conduct planned maintenance on a major gas pipeline, Gazprom Armenia said in a statement.