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KHURAIS OIL FIELD
The Saudi oil pipeline the world didn’t know it neededSaudi Arabia's East-West pipeline is now crucial for global oil flow. The vital waterway, Strait of Hormuz, is closed. This 1,200-kilometer...- Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source saysSaudi Aramco CEO Amin Nasser has cancelled his appearance at the CERAWeek energy conference in Houston. He is staying in Saudi Arabia due t...
- How have US presidents tapped strategic petroleum reserves during war?President Trump announced the U.S. will contribute "a little bit" to the International Energy Agency's plan to release 400 million barrels ...
- Iran vs US, Israel conflict: Major Saudi refinery, Iraqi Kurdish and Israeli oil, gas fields shut amid Mideast strikesSaudi Arabia's largest oil refinery, Ras Tanura, has shut down following a drone strike. This incident is part of a wider wave of attacks a...
- Why the market shrugs off the mother of all oil shocksOil prices have spiked due to the escalating conflict in the Middle East. However, the market's response is more muted compared to past cri...
- Saudi Aramco's Amin Nasser: homegrown engineer who reached the topAramco CEO Amin Nasser's leadership pivotal for Saudi's stability. Managed response to 2019 attacks, restoring operations swiftly. Supports...
- View: Will oil become a weapon of choice for Iran?The big question hanging over the market is whether Iran will target oil in its response.
- Saudi oil attack: Where are we a week on and what happens next?There were at least 17 points of impact at Abqaiq, the world’s largest oil-processing facility.
- View: World's oil security blanket has been torchedHolding all of the world’s spare production capacity in one place has always been a risk.
- India condemns drone attacks on two big oil sites in Saudi ArabiaYemen's Houthi rebels launched drone attacks on the world's largest oil processing facility in Saudi Arabia and a major oil field on Saturd...
- Oil jumps the most ever after drone attack cuts Saudi suppliesThe unprecedented move in Saudi Arabia reverberated around financial markets.
- Rupee tumbles 55 paise to 71.48 on spike in crude pricesMarket participants were concerned as the drone attack on Saudi Arabia's oil facilities has stroked fiscal slippage concerns.
- Storm in the desert may hit Indian equities, tooSimilarly, every $10 movement of crude impacts India’s GDP by up to 40 basis points.
- Oil strategy: Attack on Saudi oil plant is what everyone fearedTraders who have shrugged off tensions in Middle East to respond when markets open on Monday.
- Development of giant Saudi oil field key for soaring oil costsThis massive oil field surrounded by the desolate sands of Saudi Arabia's vast eastern desert feels like the middle of nowhere.
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