UAE's Oil Partners Face Trading Losses After Surprise Supply Cut
The hit stems from a mismatch in positions taken in the derivatives market to hedge against their expected supply of Murban crude for July, according to people familiar with the matter. The discrepancy may have led to losses as high as $12 a barrel for some equity shareholders, which is considered steep given profits can be as little as a few cents for each barrel, they added.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Business News
5 minutes ago
- Time Business News
Affordable and Quality: The Rise of Assignment Help UAE
In recent years, the demand for academic assistance has grown significantly across the globe, and the United Arab Emirates (UAE) is no exception. With students juggling rigorous academic workloads, part-time jobs, and personal commitments, the need for reliable, affordable, and high-quality academic support is at an all-time high. One such solution gaining massive popularity is Assignment Help UAE—a service that is transforming the academic landscape for students in the region. There are several factors contributing to the rise of assignment help services in the UAE. The country's education system is evolving rapidly, with a growing number of international universities establishing campuses in Dubai, Abu Dhabi, and other emirates. This has led to an influx of international students and increased academic competition. As a result, students are constantly looking for ways to stay ahead—while still maintaining a balanced lifestyle. Assignment Writing Help in UAE provides a solution by offering professional academic support tailored to the unique requirements of students studying in UAE-based institutions. These services ensure that students receive expert guidance, original content, and timely submissions—all without burning a hole in their pocket. One of the biggest misconceptions about academic assistance is that high quality comes with a high price tag. However, many platforms offering Assignment Help UAE have debunked this myth by providing affordable services without compromising on quality. These services are designed to cater to the needs of students, many of whom operate on tight budgets. How do they maintain both affordability and quality? Local and Subject-Specific Experts: UAE-based assignment help services often employ writers who are well-versed in local university requirements and global academic standards. This ensures the content is not only relevant but also high in quality. Efficient Workflow: With streamlined processes and experienced writers, many service providers are able to deliver quality work efficiently—saving both time and operational costs, which translates to lower pricing for students. Flexible Pricing Models: Many platforms allow students to choose pricing based on deadlines, word count, and academic level. This flexibility ensures that students only pay for what they need. The appeal of Assignment Writing Help in Dubai lies in its versatility. Whether you're an undergraduate needing help with a basic essay, an MBA student working on a business case study, or a PhD candidate writing a dissertation, there's something for everyone. Here are some common services offered: Essay writing Research papers Case studies Business plans Thesis and dissertations PowerPoint presentations Coursework and homework help Editing and proofreading Many service providers also cater to students from different academic fields, including law, medicine, engineering, finance, humanities, and IT. Originality is one of the top priorities for academic institutions in the UAE. The best Assignment Help UAE services understand this and deliver 100% plagiarism-free content. Most of them use advanced plagiarism detection tools to ensure the originality of each assignment before submission. Students also have the option to request plagiarism reports for added assurance. With the UAE being a hub for international education, a significant number of students are from different countries, cultures, and academic backgrounds. Additionally, many students are working professionals pursuing degrees on the side. For these groups, time is a major constraint. Assignment Help UAE services have become especially beneficial for: International students facing language barriers or struggling with new academic formats. facing language barriers or struggling with new academic formats. Working professionals who find it difficult to manage academic deadlines alongside job responsibilities. who find it difficult to manage academic deadlines alongside job responsibilities. Students with family commitments who need extra academic support without compromising other priorities. Not all services are created equal. To get the best value for money, students should consider the following before hiring a service: Check online reviews and testimonials. Ask for samples of previous work. Ensure the service offers plagiarism-free guarantees. Confirm deadlines and revision policies. Look for customer support availability (ideally 24/7). Verify that writers are familiar with UAE academic standards. The rise of Assignment Help UAE is not just a trend—it's a necessary shift in how students access academic support in a fast-paced, competitive environment. With a perfect balance of affordability and quality, these services are empowering students to succeed without the stress of managing every academic task on their own. Whether you're overwhelmed with multiple deadlines or just looking for expert guidance to improve your academic performance, Assignment Help UAE offers a practical, reliable, and efficient solution to help you excel in your studies. TIME BUSINESS NEWS
Bloomberg
32 minutes ago
- Bloomberg
Oil Steadies After Drop as Traders Weigh Trump's Tariff Threat
Oil held a four-day drop as investors looked beyond a threat from President Donald Trump to impose secondary tariffs on buyers of Russian energy, while US data pointed to softer conditions in the world's largest economy. West Texas Intermediate traded near $65 a barrel after losing almost 7% over four sessions, while Brent closed below $68. Trump suggested he would impose increased tariffs on countries buying oil from Moscow — possibly including China — after saying he would raise levies on Indian exports within 24 hours.
Yahoo
an hour ago
- Yahoo
Arkansas Governor Sarah Huckabee Sanders will visit Israel, meet officials to discuss economic ties
Huckabee Sanders said that she will meet with Israeli government officials and business leaders and strengthen economic ties between Israel and Arkansas. Arkansas Governor Sarah Huckabee Sanders announced that she will visit Israel in the coming weeks in a post to X/Twitter on Thursday. Huckabee Sanders said that she will meet with Israeli government officials and business leaders and strengthen economic ties between Israel and Arkansas. She mentioned Israel's innovation within agriculture and manufacturing and spoke of her father, Ambassador Mike Huckabee, and his love for Israel. "As my dad likes to say, it's the one place in the world you visit for the first time and it feels like coming home.' After visiting Israel, Huckabee Sanders will visit the UAE to further efforts in attracting more foreign investment and creating jobs in Arkansas. Mike Huckabee's role in Israel The governor's father, Mike Huckabee, currently serves as the US Ambassador to Israel. An evangelical Christian, Mike Huckabee has been a vocal supporter of Israel throughout his political career, including defending Israel's expansion of settlements in the West Bank.
