Tuesday , 16 December 2025

Recent Posts

Biggest fuel pipeline in US fills up as East Coast tanks drain

Bloomberg Colonial Pipeline is back to business as usual — with more demand to move fuels to the East Coast from Houston than it has space for. After running below capacity about 45 days starting in July, the largest gasoline pipeline in the US has restarted its practice of rationing space. The company froze shippers’ ability to nominate more fuels …

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OPEC: UAE, Iraq, Kazakhstan commit to cuts

Bloomberg OPEC said Iraq, the United Arab Emirates and Kazakhstan — who have lagged in their implementation of a deal to cut production — affirmed their commitment to the accord at a meeting in Abu Dhabi. “All expressed their full support” for the system to monitor the cutbacks “in order to achieve the goal of reaching full conformity,” OPEC said …

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Investcorp to make investments in real estate, private equity

DUBAI / Reuters Bahrain-based Investcorp is aiming to make 10 investments across its private equity and real estate businesses in the current financial year, Co-Chief Executive Rishi Kapoor said on a media call.¬ The investments will help the company achieve its goal of raising its assets under management to $25 billion in the next three years or so, Kapoor said. …

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