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Saudi Arabia's Aramco and the UAE's ADNOC announced this week about the establishment of oil trading offices in UAE's eastern Al-Fujairah port. Both companies aim to gain more access to the market in the world's second largest bunkering hub, mainly as the port is increasing its storage capacity.

Saudi Aramco and UAE’s ADNOC to Open Oil Trading Office in Fujairah Port

Saudi Arabia’s Aramco and the UAE’s ADNOC announced this week about the establishment of oil trading offices in UAE’s eastern Al-Fujairah port. Both companies aim to gain more access to the market in the world’s second largest bunkering hub, mainly as the port is increasing its storage capacity.

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