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Gulf companies are set to reveal the unequal toll of Iran warGulf companies will reveal the regional financial impact of the conflict this week. Banks and real estate sectors face challenges due to in...- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
- The likely loser in Gulf's post-war race for oil market shareUnited Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...
- Oil Price Today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...
- Oil prices gain as focus shifts to supply recovery and demandOil prices saw slight gains Tuesday as traders focused on supply increases. Traders are looking beyond Middle East tensions to demand prosp...
- Saudi Arabia makes August crude oil cheaper for Asian buyersSaudi Arabia has significantly slashed its August Arab Light crude oil price for Asia, setting it at $1.50 a barrel below the Oman/Dubai av...
- Crude oil prices fall up to 2%, head for weekly losses as Hormuz supply fears easeGlobal crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait o...
- British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
- The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
- The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
- Emirates says it will get stranded passengers home, even on rival airlinesEmirates is introducing a new travel insurance product guaranteeing passengers can return home, even on rival airlines, to alleviate concer...
- Indian sailors risk work at sea, as Iran war grinds onIndian sailors are increasingly finding themselves caught in the crossfire of the Iran war, with thousands of seafarers stranded in conflic...
- Blockade breach? $500 million Russian-linked superyacht sails through Strait of Hormuz amid US-Iran warA superyacht linked to sanctioned Russian billionaire Alexey Mordashov, the Nord, transited the Strait of Hormuz, a route severely restrict...
- Pakistan vs Oman T20 Pitch report: How will the conditions affect the Asia Cup match?PAK vs Oman Pitch Report Weather Updates : Pakistan commences their Asia Cup 2025 campaign against debutants Oman in Dubai, riding high on ...
- Saudi Arabia keeps December Arab Light crude oil price to Asia steady from November: SourcesThe price change for the Saudi flagship grade is in line with market expectations.
- Qatar increases crude oil prices in JulyJune prices were set at $1.00/bbl above the Oman/Dubai average for the Marine crude and $0.70/bbl above Oman/Dubai average for Land crude.
- Kuwait raises May crude oil official selling prices for AsiaThe producer set the May Kuwait Super Light Crude (KSLC) OSP also at $1.35 cents above Oman/Dubai, 30 cents above the previous month.
- Average Dubai crude oil price rises to 13-month high in Feb: SourcesThe monthly averages for February for Dubai and Oman as quoted by Platts are indicated in the table. Middle East producers set their monthl...
- Qatar raises February Marine, Land crude official selling pricesThe February OSP for Qatar Land crude was set at 40 cents a barrel above the Platts Oman/Dubai average, up 40 cents from the previous month...
- Average Dubai crude oil price rises to 10-month-high in December: SourcesSaudi Aramco changed the benchmark for setting its official selling prices to Asia starting from October 2018 to the average of Platts Duba...
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