The four major energy giants will share 40% equity in the Ruwais LNG project owned by ADNOC, and fuel production in the UAE will double and soar.

According to insider sources, ADNOC has decided to distribute 40% of its shares in the Ruwais LNG project to the world's four major energy giants.

Zhitong Finance02:57 ET

Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.

JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.

wallstreetcn02:17 ET

Optimistic prospects for interest rate cuts have led to a general increase in major overseas asset classes such as US stocks, gold, silver, and crude oil. Weekly report on major overseas assets.

After the release of non-farm data for the week of July 1-5, the US stock and bond markets rose and the US dollar came under pressure. Upon realizing the 'data detail' that the data in the first two months before non-farm was cut by 0.11 million, US bonds sharply rebounded and the yield curve became steeper.

wallstreetcnJul 7 05:50 ET

What the U.K. Election Means for Oil Stocks and Other Sectors -- Barrons.com

By Brian Swint U.K. voters gave the biggest election victory to the Labour Party since former Prime Minister Tony Blair's landslide win in 1997. If history is anything to go by, that could be a boon

Barron'sJul 5 11:09 ET

Shell, BP and TotalEnergies to Take Stakes in Adnoc's Ruwais LNG Plant - Bloomberg

Seeking AlphaJul 5 10:35 ET

Sector Update: Energy

Energy stocks were edging higher premarket Friday with the Energy Select Sector SPDR Fund (XLE) recently advancing by 0.1%. The United States Oil Fund (USO) was up 1.1% and the United States Natural G

MT NewswiresJul 5 08:59 ET