ABU DHABI / WAM Etihad Credit Insurance (ECI) and Abu Dhabi Exports Office (Adex) on Tuesday announced a strategic alliance to help UAE exporters overcome the most pressing challenges they face in the current economic climate. Adex and ECI will combine their highly complementary suite of financial and insurance products and services to bring to UAE businesses a full range ...

Bloomberg Some drillers in the biggest North American oil field are reopening wells shut in response to the pandemic-driven price collapse, according to pipeline giant Energy Transfer LP. In the Permian Basin’s Midland region, about 8% of oil volumes that feed Energy Transfer’s pipe network had been shut at the start of the month, Mackie McCrea, the company’s chief commercial ...

Bloomberg Fuel consumption in India is showing signs of rebounding after witnessing the worst monthly sales in more than 12 years. Demand in May will be as much as 25% higher than April as planting season begins, requiring tractors and water pumps to burn more diesel, and the easing of the world’s biggest lockdown brings more trucks back to the ...