Saudi Aramco recorded a 34.5% increase in third-quarter net profit to $36.25 billion, driven by higher…
Category: Middle East
OPEC+ Holds December Oil Output Targets Ahead of 2027 Quota Decision
OPEC+ has kept December oil production targets unchanged as the Iran war continues to disrupt Gulf…
US Petrol Prices Under Trump Edge Above Biden-Era Average as Midterms Loom
Average US petrol prices under Donald Trump have edged above Joe Biden’s presidential average, while diesel…
Oil Prices Surge as Iran Deploys New Tactics to Target Tankers
Oil prices rose as Iran deployed new tactics to target ships amid escalating Middle East tensions.…
Oil Prices Rise as Saudi Attacks Raise Supply Concerns
Brent crude hits a near two-week high as attacks on Saudi Arabia raise supply concerns. Tanker…
JPMorgan Sees No Clear Endgame For Oil Markets
JPMorgan says it has no clear baseline for oil markets as prolonged conflict keeps global supply…