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SAUDI ARABIA OIL PRICES
Saudi Red Sea oil exports go 'dark' as Houthi attack threat growsSaudi crude exports are vanishing from view as tankers switch off tracking signals. This Houthi threat is creating wide discrepancies in Sa...
Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
OPEC oil output rises further in July led by Gulf producers, Reuters survey showsIn July, OPEC made a remarkable recovery by increasing oil production to 19.85 million barrels per day. Gulf nations resumed supplies that ...
Saudi Aramco delays Jazan oil refinery restart to August 30, IIR note showsSaudi Aramco has delayed the Jazan refinery restart by two weeks. The facility shut down on July twenty-seventh after a Houthi attack. Yeme...
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
With US taking a hostile approach to India, the 'Mecca pact' is threateningA Saudi Arabia-Pakistan-Turkiye defence pact could complicate India’s security environment by deepening military, technological and diploma...
Houthis behind attack on Saudi Aramco gas facility in Jubail region, reports Israeli mediaYemen's Houthis are behind the attack on a gas facility in Saudi Arabia's Jubail region, Israeli media reported, after reports emerged of a...
Fire extinguished at Aramco facility in Jazan, Saudi Arabia saysFirefighters extinguished a blaze at Saudi Aramco's Jazan refinery on Sunday. The facility had previously been shut down following a Houthi...
What to expect from the new Saudi-Turkey-Pakistan dealA new defense pact unites Saudi Arabia, Turkey, and Pakistan against Iran's regional influence. This alliance seeks to offset perceived US ...
Oil slips, heads for weekly loss as Hormuz deal uncertainty persistsOil prices declined as investors weighed prospects of reopening the Strait of Hormuz against persistent geopolitical risks. Markets also aw...
Saudi Arabia, Turkey and Pakistan sign joint defence deal amid regional turmoilSaudi Arabia, Pakistan, and Turkey signed a joint defense pact in Mecca. This agreement aims to strengthen collective deterrence against ag...
US is set to import most Middle East crude since Iran war beganUS crude imports from the Middle East are reaching their highest levels since the Iran war began. This surge is driven by a brief Strait of...
Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
Iran warns Gulf states of strikes on energy assets if US attacks resumeIran has warned Gulf states of retaliatory strikes on their energy and water facilities. This diplomatic push aims to deter further United ...
Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil pricesSaudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset low...
'Pakistani mediators compromised, favour Iran at expense of US': Defence analyst General Jack KeaneRetired US General Jack Keane criticized Pakistan and Qatar as compromised mediators in Iran diplomacy. He stated both nations favor Tehran...
UAE to revamp crude pricing amid sharp market fluctuationsAbu Dhabi National Oil will alter its crude oil pricing methods starting November first. All Adnoc crudes will now use a regional Dubai ben...
Iran resumes missile attacks as US and Saudis strike Tehran-backed militias in IraqThe flare-up on multiple fronts, after several days of relative calm, raised the risk of a return to all-out war. It also underscored the d...
Saudi Arabia seeks coalition to secure Red Sea shippingSaudi Arabia is seeking an international coalition to safeguard Red Sea shipping lanes. This initiative aims to counter ongoing Houthi atta...