Saudi Oil
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Saudi Arabia Crude Output Hits 30-Year Low As Non-Gulf Producers Step Up
According to the International Energy Agency, non-Gulf producers have increased output by 2.3 mb/d since the conflict began in February.
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Saudi Oil Shock: Pipeline Outage Risks 4% Of Supply Worldwide, Says Report
Saudi Arabia has been using the East-West pipeline to reroute around 4 million barrels of oil per day to the port of Yanbu on the Red Sea. That volume is equivalent to around 4% of global oil supply.
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73 Injured In Houthi Attack On Saudi Arabia's Airports, Aramco Oil Sites
The Iran-backed rebels said they hit Abha International Airport, King Khalid air base and facilities belonging to state-owned oil giant Aramco in Abha and Jizan, near their shared border.
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After Houthi Threats, Saudi Arabia Launches Alliance To Secure Red Sea Route
The move comes after Yemen's Iran-backed Houthis said they were imposing a maritime embargo on Saudi Arabia and claimed attacks targeting Saudi oil tankers in the Red Sea.
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Multiple Dead, Wounded In US-Saudi Strikes In Iraq: Report
The United States and Saudi Arabia said they had struck Iran-backed militants in Iraq in response to attacks on US forces and Saudi oil facilities.
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Houthis Claim Attack On Saudi's East-West Supply Lines Linking To Red Sea
Houthi military spokesperson Yahya Saree noted that the operation was carried out in response to what he described as Saudi drone incursions into Yemeni airspace.
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Brent Oil Nears $100 After Surging 5% Amid Middle East Attacks
Brent reached $98.80 a barrel while main US contract, West Texas Intermediate, rallied 3.8 percent to $90.11 a barrel.
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2 India-Bound Ships Make U-turns As Houthis Threaten Another Saudi Oil Route
The changes in direction by the vessels suggest a second potential disruption to a major shipping route from the Middle East that could compound the shortfall in global energy markets, already under crisis due to the closure of the Strait of Hormuz.
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Saudi Oil Output Capacity, Pipeline Flows Cut in Supply Risk
Missile and drone barrages have damaged swaths of Saudi Arabia's vast energy infrastructure, including refineries, oil fields deep in the desert and petrochemical plants.
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A Dark Night: India-Bound Oil Tanker's Daring Dash Through Strait Of Hormuz
Amid escalating tensions in the Middle East, a Liberian-flagged tanker, carrying crude oil from Saudi Arabia, has berthed at the Mumbai Port, becoming the first vessel to safely transit the Gulf waterway and arrive in India amid war.
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Saudi To Retaliate If Iran Mounts Concerted Attack On Oil Facilities: Report
A concerted Iranian attack on Saudi oil facilities could trigger a military response from the kingdom, a source close to the Saudi government told AFP on Monday, after drones hit an oil refinery.
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Saudis Pulled Deeper Into Middle East War After Oil Refinery Strike
For almost three days, there was little sign of a new war raging in the Gulf if you were based in Saudi Arabia.
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Saudi Arabia Boosts Wealth Fund With $27 Billion Injection
Saudi Arabia, hurt by low oil prices, has drawn down foreign reserves and cut spending while it funds a budget deficit that reached about 15 percent of gross domestic product last year.
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Saudis To Cut August Oil Exports To Lowest Level This Year: Report
Crude exports for August will fall to their lowest level this year at around 6.6 million bpd, the source added.
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Two Indian Refiners Cut Mideast Crude Purchases In May: Report
This is the second consecutive month that Indian refiners have sharply cut imports of term crude supplies
-
Saudi Arabia Crude Output Hits 30-Year Low As Non-Gulf Producers Step Up
According to the International Energy Agency, non-Gulf producers have increased output by 2.3 mb/d since the conflict began in February.
-
Saudi Oil Shock: Pipeline Outage Risks 4% Of Supply Worldwide, Says Report
Saudi Arabia has been using the East-West pipeline to reroute around 4 million barrels of oil per day to the port of Yanbu on the Red Sea. That volume is equivalent to around 4% of global oil supply.
-
73 Injured In Houthi Attack On Saudi Arabia's Airports, Aramco Oil Sites
The Iran-backed rebels said they hit Abha International Airport, King Khalid air base and facilities belonging to state-owned oil giant Aramco in Abha and Jizan, near their shared border.
-
After Houthi Threats, Saudi Arabia Launches Alliance To Secure Red Sea Route
The move comes after Yemen's Iran-backed Houthis said they were imposing a maritime embargo on Saudi Arabia and claimed attacks targeting Saudi oil tankers in the Red Sea.
-
Multiple Dead, Wounded In US-Saudi Strikes In Iraq: Report
The United States and Saudi Arabia said they had struck Iran-backed militants in Iraq in response to attacks on US forces and Saudi oil facilities.
-
Houthis Claim Attack On Saudi's East-West Supply Lines Linking To Red Sea
Houthi military spokesperson Yahya Saree noted that the operation was carried out in response to what he described as Saudi drone incursions into Yemeni airspace.
-
Brent Oil Nears $100 After Surging 5% Amid Middle East Attacks
Brent reached $98.80 a barrel while main US contract, West Texas Intermediate, rallied 3.8 percent to $90.11 a barrel.
-
2 India-Bound Ships Make U-turns As Houthis Threaten Another Saudi Oil Route
The changes in direction by the vessels suggest a second potential disruption to a major shipping route from the Middle East that could compound the shortfall in global energy markets, already under crisis due to the closure of the Strait of Hormuz.
-
Saudi Oil Output Capacity, Pipeline Flows Cut in Supply Risk
Missile and drone barrages have damaged swaths of Saudi Arabia's vast energy infrastructure, including refineries, oil fields deep in the desert and petrochemical plants.
-
A Dark Night: India-Bound Oil Tanker's Daring Dash Through Strait Of Hormuz
Amid escalating tensions in the Middle East, a Liberian-flagged tanker, carrying crude oil from Saudi Arabia, has berthed at the Mumbai Port, becoming the first vessel to safely transit the Gulf waterway and arrive in India amid war.
-
Saudi To Retaliate If Iran Mounts Concerted Attack On Oil Facilities: Report
A concerted Iranian attack on Saudi oil facilities could trigger a military response from the kingdom, a source close to the Saudi government told AFP on Monday, after drones hit an oil refinery.
-
Saudis Pulled Deeper Into Middle East War After Oil Refinery Strike
For almost three days, there was little sign of a new war raging in the Gulf if you were based in Saudi Arabia.
-
Saudi Arabia Boosts Wealth Fund With $27 Billion Injection
Saudi Arabia, hurt by low oil prices, has drawn down foreign reserves and cut spending while it funds a budget deficit that reached about 15 percent of gross domestic product last year.
-
Saudis To Cut August Oil Exports To Lowest Level This Year: Report
Crude exports for August will fall to their lowest level this year at around 6.6 million bpd, the source added.
-
Two Indian Refiners Cut Mideast Crude Purchases In May: Report
This is the second consecutive month that Indian refiners have sharply cut imports of term crude supplies
