Saudi oil premiums hit record as Iranian strikes damage UAE and Kuwaiti plants and disrupt 17% of Qatar LNG
Gulf energy markets faced widespread disruption on Sunday as Saudi Arabia applied…
South Korea eyes public driving curbs as oil nears $120, Asia’s First Gulf-War-Level Rationing
South Korea is weighing an extension of driving restrictions to the general…
Oil slides toward $88, LNG exports hit six-month low as Trump cites productive Iran talks
Oil prices fell toward $88 per barrel and global liquefied natural gas…
Egypt to Settle $1.3bn in Oil Arrears by June to Boost Energy Investment
Egypt’s Ministry of Petroleum and Mineral Resources announced on Saturday that it…
Egypt’s Sisi says Suez Canal revenue fell $10bn due to regional instability
Egyptian President Abdel Fattah al-Sisi said on Sunday that regional conflicts have…
IEA to release record 400 million barrels of oil to counter Middle East war impact
The International Energy Agency (IEA) has agreed to release 400 million barrels…
Egypt aims to boost oil, gas output with horizontal drilling, fracking
Egypt is seeking to increase oil and natural gas production by expanding…
Saudi Arabia triples Red Sea oil exports to bypass blocked Strait of Hormuz
Saudi Arabia has diverted millions of barrels of crude oil to its…
OPEC+ agrees to increase oil output following US-Israeli strikes on Iran
OPEC+ has agreed in principle to a modest oil output increase of…
OPEC+ to consider larger oil supply hike after US and Israeli strikes on Iran
The OPEC+ alliance is set to consider a larger-than-expected increase in oil…