UAE and Saudi boost oil exports as US-Iran tensions mount, sources say Published 27 Feb, 2026 07:14pm Oil was trading above $72 a barrel on Friday and close to the highest levels since July
Saudi Arabia boosts oil output Published 26 Feb, 2026 04:57am LONDON: Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any US ...
KRG has agreed on export resumption to state oil marketer: Baghdad Published 18 Jul, 2025 07:01am BAGHDAD: Iraqi Kurdistan will resume oil exports through a pipeline to Turkey after a two-year halt, Iraq’s ...
Oil eases 1% as US fuel stock builds put focus on demand Updated 16 Jul, 2025 08:44pm HOUSTON: Oil prices fell about 1% on Wednesday as U.S. fuel inventory builds reinforced views in the market of...
Oil eases as Trump’s 50-day deadline for Russia reduces supply fears Updated 15 Jul, 2025 09:55pm NEW YORK: Oil prices edged lower on Tuesday after U.S. President Donald Trump’s 50-day deadline for Russia to end...
OCAC seeks SIFC intervention over petroleum levy on furnace oil Published 02 Jul, 2025 06:31pm The Oil Companies Advisory Council (OCAC) has sought intervention from the Special Investment Facilitation Council...
India plans new strategic oil reserve to enhance energy security Published 02 Jul, 2025 05:02pm NEW DELHI: India is exploring building three new strategic oil reserves to boost its emergency stockpile and...
Saudi Arabia raised crude exports in June, Kpler data shows Published 01 Jul, 2025 09:16pm LONDON: Saudi Arabia’s oil exports jumped to the highest level in more than a year in June as the kingdom shipped...
Iran adapts to maintain oil exports during conflict: trackers Published 20 Jun, 2025 06:20am LONDON: Iran is maintaining crude oil supply by loading tankers one at a time and moving floating oil storage much...
Russia’s oil exports from its western ports set to rise 5% in April Published 25 Mar, 2025 07:40pm Russia’s daily oil exports from its western ports are set to rise by some 100,000 barrels per day to 1.97 million...
Oil prices fall 2% to two-month low on worries about US tariffs Updated 25 Feb, 2025 09:34pm Brent futures declines by $1.61, or 2.25%, to $73.17 a barrel
Drone strike hits Chevron, Exxon oil exports via Russia Published 18 Feb, 2025 03:01am MOSCOW: A drone strike has hit a pumping station on a oil pipeline in Russia, reducing flows from Kazakhstan to ...
Niger resumes oil exports via Benin after suspension Published 22 Aug, 2024 06:58am COTONOU: Landlocked Niger has resumed crude oil exports via Benin after a dispute between the countries halted the...
US crude futures climb back into positive territory Updated 22 Apr, 2024 09:07pm HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider...
Iran says working to safeguard oil exports in region Updated 17 Apr, 2024 08:59am MOSCOW: Iran’s Deputy Oil Minister Morteza Shahmirzaei told a conference in Moscow via video link on Tuesday that...
Global oil demand to grow by 1.9ln bpd in 2024, says Wood Mac Published 29 Feb, 2024 08:56pm LONDON: Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by...
Kuwait fuel oil exports rise for second month as Al Zour ramps up Published 29 Feb, 2024 05:43pm SINGAPORE: Kuwait’s fuel oil exports rose for a second month in February, according to shiptracking data from Kpler...
Iran says oil exports at $26.4bn in past nine months Published 26 Dec, 2023 06:43pm DUBAI: Iran’s oil exports have reached $26.46 billion since March, Iranian state media reported on Tuesday, the...
Saudi oil exports fall for third month running Published 16 Aug, 2023 05:19pm Saudi Arabia’s crude oil exports fell for a third straight month in June to their lowest since September 2021, data...
Oil steadies as China fears counter tight US supply Updated 16 Aug, 2023 09:23pm Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed...
Sri Lanka says China’s Sinopec to start operations Sept. 20 Published 15 Aug, 2023 05:12pm COLOMBO: Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell...
Iran says oil exports surpass 1.4m bpd target Updated 14 Aug, 2023 09:59am DUBAI: Iran’s oil exports have surpassed the government’s 1.4 million barrels per day target, the head of Iran’s...
Iran’s oil exports, output hit five-year highs, US holds nuclear talks Published 16 Jun, 2023 06:33pm LONDON: Iran’s crude exports and oil output have hit new highs in 2023 despite U.S. sanctions, according to...
Russia resumes oil exports to North Korea after long pause Published 14 Jun, 2023 06:45pm SEOUL: Russia resumed oil exports to North Korea in December, United Nations data shows, the first such shipments...
Oil exports from Russia’s western ports hit 4-year high in April Published 19 Apr, 2023 08:25pm MOSCOW: Oil loadings from Russia’s western ports in April will rise to the highest since 2019, above 2.4 million...
Russia plans deep March oil export cuts Published 22 Feb, 2023 09:48pm MOSCOW/LONDON: Russia plans to cut oil exports from its western ports by up to 25% in March versus February,...
Russian oil output, exports stable despite sanctions Published 01 Feb, 2023 08:26pm MOSCOW: Russian Deputy Prime Minister Alexander Novak said on Wednesday that the situation with oil output and...
At Davos, Saudi Arabia says curbing oil dependency a priority Published 18 Jan, 2023 04:21pm DAVOS: Saudi Arabia is working to reduce its reliance on oil exports, Economy Minister Faisal Al-Ibrahim said...
Russia to increase oil exports by 7.5pc in 2022: TASS Published 27 Dec, 2022 06:07am MOSCOW: Russia will increase oil exports by 7.5% to 242 million tonnes in 2022, TASS news agency cited Russian ...
US poised to become net exporter of crude oil in 2023 Published 20 Dec, 2022 05:58am HOUSTON: The United States has become a global crude oil exporting power over the last few years, but exports have...