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SAUDI ARABIA OIL SUPPLY
Oil Price Today (September 18): Crude oil falls below $104, down for third session. What are experts saying?Crude Oil Price Today : Markets largely looked past the latest threats to supply, even as Saudi Arabia and Yemen's Iran-backed Houthis exch...
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...
F-15 fighter jet and drone shot down by Houthis in Yemen, claim Iran-backed rebels also say Saudi Arabia carried out 40 airstrikesYemen’s Houthi rebels have claimed they shot down a Saudi F-15 over Marib and released footage purportedly showing the missile strike and a...
Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
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...
Why Yemen's Houthis have only grown stronger through years of warSaudi Arabia and its allies have repeatedly turned to airstrikes to weaken Yemen’s Iran-backed Houthis, but the rebels have expanded their ...
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 Price Today (September 15): Crude oil rises to $107 as Saudi energy infra attacks raise supply fears. What are experts saying?Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...
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...
Houthis strike Saudi targets anew as talks over Strait of Hormuz stallIran-aligned Houthis launched fresh attacks on Saudi Arabia as their advances along Yemen’s Red Sea coast intensified pressure on Riyadh. G...
Oil Price Today (September 14): Crude oil jumps 3% to near $108/barrel as Middle East tensions escalate. What are analysts warning?Oil prices experienced a significant spike on Monday, approaching $108 per barrel, amid rising tensions in the Middle East. Recent attacks ...
Oil prices jump more than 2% after new strikes on Saudi, Strait of HormuzOil prices jumped over two percent on Monday, driven by fresh attacks from Houthi militants and Iranian forces. This escalation has heighte...
Crude pool drying up as Middle East conflict drags on, refiners waryIndian refiners are using inventories to manage immediate oil supply disruptions. They worry about prolonged closures and widening conflict...
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...
Saudi Arabia faces fresh Red Sea threat as Houthi gains, pipeline shutdown rattle kingdomHouthi rebels are advancing, threatening a vital Red Sea shipping route. Drone attacks have forced a major pipeline closure, impacting glob...
Gulf oil threatened anew as Houthis reach key island and pipeline is shut downThe Houthis have seized control of Perim island, significantly affecting a crucial shipping corridor. Additionally, a drone strike originat...