Saudi exports are rising despite escalating attacks on its infrastructure from Iran-backed militants in Yemen and Iraq.
The ⁠Saudi-led coalition in Yemen said the missiles were ⁠aimed at Taif and the Yanbu area on the Red Sea, the main alternative route for Saudi oil ...
The move comes after a drone attack disrupted the kingdom’s key East-West oil pipeline amid escalating regional tensions.
Oil prices advanced on Friday, cutting into losses over the past several sessions.
Analysts warn oil prices could rally sharply if the pipeline remains offline beyond an estimated five-to-seven-day inventory ...
By Stephanie Kelly LONDON, Sept 25 (Reuters) - Oil prices fell more than 1% on Friday as markets weighed the possibility of a ...
The 1,200km (745-mile) pipeline has been temporarily closed, affecting up to 5 percent of global oil supply.
Yet another contingency plan for the global oil market – buffeted by more than six months of war between the United States ...
Oil prices rose about 2% on Thursday after a Houthi missile attack on Saudi Arabia revived supply disruption fears, but pared earlier gains on reports ...
The world’s second-largest crude exporter is rerouting crude via dark shipments and ship-to-ship transfers off Oman.