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SAUDI ARAMCO
Aramco to up oil exports to 60 mn barrels in September, OctoberThe rebound in state oil company Saudi Aramco's exports from inside the Gulf to 1 million to 1.5 million barrels per day on average, simila...- 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...
- Alleging Houthi attack on Mecca, Saudis hit YemenSaudi warplanes pounded Yemen while Houthi fighters launched drones and missiles at Saudi cities. The United States tightened its travel wa...
- Ex-Infosys CEO Vishal Sikka’s startup Hang Ten Systems raises $53 millionHang Ten is building AI software for large enterprises, with a focus on software development and other technology-intensive work. Its platf...
- 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...
- Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
- 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...
- 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'...
- Counting Rs 4 lakh crore loss in RIL? Dangote refinery listing in Nigeria could trigger a 30% rallyReliance Industries could see a re-rating of its oil-to-chemicals business as the planned Dangote Petroleum Refinery listing provides a glo...
- Who is fighting in Yemen? Key factions battling for control of the countryHouthi militants backed by Iran are intensifying fighting in Yemen. They aim to control the Red Sea coast and the Bab el-Mandeb Strait. Thi...
- US stocks today: US stocks retreat as oil crosses $100, yields rise ahead of inflation dataUS stocks fell on Wednesday as Brent crude climbed above $100 a barrel, raising fresh inflation concerns and weighing on investor sentiment...
- Oil’s $100 nightmare is back as worst-case scenario is taking shapeHouthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...
- Saudi-led coalition in Yemen says 73 injured in Houthi attacks on the kingdomThe Houthis, who control the most populous parts of Yemen and much of the north, have been launching attacks towards Saudi Arabia since t...
- Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
- Welspun Corp shares jump 6% after Jefferies initiates coverage with Buy rating. Should you invest?Welspun Corp shares jumped nearly 6% after Jefferies initiated coverage with a Buy rating and a Rs 3,250 target price, implying 27% upside....
- Two tankers carrying Saudi oil attacked in Strait of HormuzTwo supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, s...
- Trump to replenish US oil reserves with Venezuelan crude; 'topping out' process to begin shortlyDonald Trump announced plans to refill the Strategic Petroleum Reserve. He stated Venezuelan oil would be used for this replenishment effor...
- Some Indian refiners, a global energy major plan to avoid Iran-blacklisted ships amid Hormuz riskIndian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels cros...
- UKMTO says tanker struck by unknown projectile off Saudi Arabia's YanbuA tanker sustained damage from an unknown projectile near Saudi Arabia's Yanbu port. The vessel experienced a fire on its main deck, but al...
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