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SAUDI ARABIA PIPELINE EXPANSION
EIL sees prospect as Saudi, UAE plan to expand pipeline, storageThe near-closure of the Strait due to the Iran war, which began more than six months ago, has heightened the need for Gulf oil exporters to...
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 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...
India expresses concern over drone attack on Makkah, calls for West Asia peace and stabilityIndia voiced deep concern regarding a recent drone attack near Makkah. Saudi authorities intercepted and destroyed a drone sent by Houthi m...
Saudi crown prince seeks Egypt's backing as Houthi attacks rattle Red Sea oil routesSaudi Arabia's Crown Prince met Egypt's President seeking support against Houthi rebel attacks. These attacks threaten vital shipping lanes...
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...
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...
Saudi pipeline hit by drones to be out of service for weeks, further restricting oil flowA Saudi oil pipeline faces weeks of repairs after an attack, impacting global petroleum supplies. Houthi rebels captured key Red Sea island...
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...
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...
Saudi oil pipeline hit in strikes will be mostly out of service for several weeks for repairA key Saudi oil pipeline will remain out of service for weeks following a drone attack. The East-West Pipeline is crucial for Saudi Arabia'...
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...
BRICS Summit 2026: S Jaishankar holds talks with Saudi foreign ministerExternal Affairs Minister S Jaishankar met Saudi Arabian counterpart Prince Faisal bin Farhan Al Saud. They discussed the West Asia conflic...
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...
Trump says Iran probably responsible for attack on Saudi Arabia pipelineUS President Trump indicated Iran likely attacked Saudi Arabia's vital oil pipeline. He spoke with Saudi Crown Prince Mohammed bin Salman a...
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...