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 ...
Iran is waiting to see how I do in mid-term election: TrumpTrump called for the complete economic isolation of Iran in his UN speech, while saying he expected a deal with Tehran after the November m...
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 Price Today (September 22): Crude oil snaps 4-day fall, hovers near $101 on potential US-Iran talk. What’s next?Brent crude futures for November rose 74 cents, or 0.75%, to $101 a barrel. US West Texas Intermediate (WTI) crude for October, which expir...
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...
US issues security alert for their government employees in Saudi Arabia after Houthi attacksThe United States issued a security alert for its mission in Saudi Arabia. US government employees require special authorization for travel...
Oil slips as investors assess Saudi export recoveryOil prices experienced a decrease as Saudi Arabia managed to resume shipments following Houthi assaults. These attacks on Saudi sites led t...
US issues Iran travel warning, urges citizens to leave country amid rising West Asia tensionsUS Iran war: The United States has issued a fresh travel warning for Iran, urging citizens to leave immediately. Rising regional tensions a...
Yemen's Houthi rebels target Riyadh with ballistic missile, Saudi Arabia saysSaudi Arabia said Yemen’s Houthi rebels launched a ballistic missile toward Riyadh and attempted attacks on civilian infrastructure in seve...
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...
Aramco to up oil exports to 60 mn barrels in September, OctoberThe rebound in state oil company Saudi Aramco's exports from inside the Gulf to 1 million to 1.5 million barrels per day on average, simila...
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 Price Today (September 17): Crude oil falls below $105 even as Middle East tensions simmer. Here’s whyCrude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...
Oil prices extend losses as fears of Middle East supply disruptions easeOil prices fell further on Thursday, building on losses from the day before, largely influenced by Saudi Arabia's promise of more crude. Re...
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...
Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...
Saudi pipeline outage threatens loss of 4% of global oil supplySaudi Arabia's oil exports face a significant threat from pipeline damage. The kingdom has only a few days of oil stocks remaining for expo...