oil
Oil dips as emerging market woes dim demand outlook
Middle East
August 13, 2018
Oil dips as emerging market woes dim demand outlook
LONDON (Reuters) – Oil prices slipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel…
Saudi Arabia reassures Canada on oil supply in row over jailed activists
Middle East
August 9, 2018
Saudi Arabia reassures Canada on oil supply in row over jailed activists
RIYADH (Reuters) – A row over human rights in Saudi Arabia will not have any impact on Saudi oil supplies…
Oil rises as U.S. sanctions on Iran stir supply worries
Middle East
August 8, 2018
Oil rises as U.S. sanctions on Iran stir supply worries
NEW YORK (Reuters) – Oil prices rose on Tuesday after U.S. sanctions on Iranian goods went into effect, intensifying concerns…
Saudi Arabia resumes oil transports through strait after Houthi strikes
Middle East
August 6, 2018
Saudi Arabia resumes oil transports through strait after Houthi strikes
Oil shipments were halted 10 days ago after two Saudi tankers came under attack by Houthi rebels. This week, Israel…
Israel warns Iran of military response if it closed key Red Sea strait
Middle East
August 2, 2018
Israel warns Iran of military response if it closed key Red Sea strait
JERUSALEM (Reuters) – Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that…
Oil to hold steady into 2019 as OPEC, U.S. compensate for supply hitches: Reuters poll
Middle East
July 31, 2018
Oil to hold steady into 2019 as OPEC, U.S. compensate for supply hitches: Reuters poll
Oil prices are likely to hold fairly steady this year and next as increased output from OPEC and the U.S.…
UAE calls Houthi attack on oil shipments totally irresponsible
Middle East
July 26, 2018
UAE calls Houthi attack on oil shipments totally irresponsible
LONDON (Reuters) – An attack on Wednesday by Yemen’s Iran-aligned Houthi rebels on two oil tankers in the Red Sea…
Saudi Arabia suspends oil exports through Red Sea lane after Houthi attack
Middle East
July 26, 2018
Saudi Arabia suspends oil exports through Red Sea lane after Houthi attack
DUBAI (Reuters) – Top oil exporter Saudi Arabia said on Thursday it was “temporarily halting” all oil shipments through the…
Eni reveals second oil discovery in Egypt’s Western desert
Egypt
July 9, 2018
Eni reveals second oil discovery in Egypt’s Western desert
Italian drilling company Eni revealed the discovery of a second oil well in Egypt’s Western Desert, according to press release…
Rouhani says US pressure to stop Iranian oil may effect regional exports
Middle East
July 3, 2018
Rouhani says US pressure to stop Iranian oil may effect regional exports
Iran’s President Hassan Rouhani said regional oil exports may be threatened if the United States tries to pressure its…