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SHARARA ZAWIYA OIL PIPELINE
From Hormuz to Saudi to US sanctions, world feels the oil heatThe war in West Asia has caused significant disruptions to global oil supplies and impacted prices. Saudi Arabia faces challenges with pipe...
UN mission warns disruption to Libya oil infrastructure could trigger sanctionsLibya's energy infrastructure has been targeted, raising concerns over potential sanctions from the United Nations. The closing of the Shar...
Saudi opens oil taps for Asia as India, China hunt crude amid Iran war, Hormuz crisisSaudi Arabia has sold almost 100 million barrels of crude to Asian buyers, including refiners in India and China, helping ease supply conce...
Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...
Oil Price Today (September 24): Crude oil falls to $102 as Iran signals its openness to diplomacy. What are experts saying?Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.5...
Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.1...
Oil falls on increased Gulf supply and hopes for US-Iran talksOil prices experienced a decline as Saudi Arabia resumed its key pipeline operations to the Red Sea. This development, coupled with rising ...
Saudi Aramco plans reorganisation to create gas division, sources sayAramco is planning to reorganise its business by creating a dedicated gas division, with a view to potentially listing parts of the unit in...
Oil slips below $100 but remains volatile as Trump’s UN remarks dampen optimism over Saudi Arabia resuming Yanbu operations and East-West pipeline restartOil prices fluctuated as Saudi Arabia prepared to restart its East-West pipeline, while traders watched diplomatic developments around effo...
Oil rises slightly ahead of potential US-Iran talksOil prices saw a slight increase as markets stabilized after recent declines. Investors are closely watching potential United States-Iran t...
Saudi Arabia ramps up Gulf oil exports after pipeline attack, data showsSaudi Aramco recently loaded approximately fourteen million barrels of crude oil onto seven tankers, marking a boost in its Gulf export act...
Indian Oil approves Rs 2,449 crore for Kochi-Kanyakumari-Thoothukudi natural gas pipeline developmentIndian Oil's board approved a significant investment for a new natural gas pipeline. This 424.65-km project will connect Kochi and Thoothuk...
Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
Oil prices fall 1% on hopes of limited supply disruptionsOil prices slipped around one percent, marking their third consecutive session of losses. The potential for alternate oil routes from the M...
Oil falls as US crude inventories rise despite Saudi supply concernsOil prices fell sharply on Wednesday after a surprising increase in U.S. crude inventories. Compounding the situation, Saudi Arabia decided...
Oil Price Today (September 16): Crude oil hovers below $109 despite rising Saudi supply concerns. $120 soon?Investors are now watching how long Saudi Arabia’s East-West pipeline will remain out of operation. Drone strikes forced the pipeline to sh...
Oil jumps over $3 as Saudi export halt, Libya outages stoke supply fearsOil prices jump more than $3 as Saudi Arabia suspends oil loadings at Yanbu and Libya halts output at three oil fields. Supply concerns dee...
Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concernsOil prices increased as attacks on Saudi energy infrastructure persisted. The kingdom's East-West pipeline remains offline, impacting globa...
What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
Saudi oil pipeline hit in strikes will be mostly out of service for several weeks for repairA key Saudi oil pipeline will remain out of service for weeks following a drone attack. The East-West Pipeline is crucial for Saudi Arabia'...