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Opec says global oil demand to rise 100.98 mbpd in 2020

ABU DHABI / WAM The Organisation of Petroleum Exporting Countries (Opec), has projected an increase in the global demand for oil to 100.98 million barrels per day (mbpd) during 2020, an increase of 1.22 mbpd compared to the average production of 99.77 mbpd for 2019, according to the Organisation’s Monthly Oil Market Report for January. World oil production includes all ...

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Adnoc named UAE’s most valuable brand

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), has been named the UAE’s most valuable brand for a second consecutive year by Brand Finance, the world’s leading brand valuation and strategy consultancy. Adnoc’s $11.39 billion (AED41.83 billion) 2020 brand value, a 28.6% increase over the previous year and a 145% increase since the launch of its transformation ...

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