The workarounds are keeping crude flowing but at a steep cost, with VLCC freight to China reaching roughly $30 per barrel as tanker availability tightens.

Saudi Arabia accounts for around half of a 200,000-room GCC and North Africa hotel pipeline worth $90bn, with major ...

Oil prices drifted lower on Wednesday as Saudi Arabia began restoring crude supply on a ​critical pipeline to the Red Sea and ...

The oil Saudi Arabia does not extract is not lost. Why lower extraction, deferred exports and resource sovereignty offer a ...

Oil headed for the longest losing streak in more than a year, as Saudi Arabia moved to restart a key pipeline and the US ...

Saudi Arabia is leading hotel expansion in the Middle East with 110,000 rooms under development, accounting for about 50% of the region’s hotel pipeline. This growth is part of a $90 billion ...

Industry experts and oil attorneys say French has little room to make good on his campaign promises, but some are also ...

November WTI crude oil (CLX26 ) is up +2.18 (+2.41%) today, and November RBOB gasoline (RBX26 ) is up +0.0607 (+1.88%). Crude ...

The Houthis’ swift, 115-kilometer (75-mile) assault exploited divisions among forces allied with Yemen’s Saudi-backed, internationally recognized government. The Houthis penetrated the internal ...

Oil inventories on Saudi Arabia's Red Sea coast have dropped to a six-year low following an attack on the country’s biggest pipeline ...

On Wednesday, oil prices rebounded from two-week lows despite an improving Middle East supply outlook, as tight diesel markets provided support. The divergence left traders balancing returning Gulf ...

Saudi Arabia has restarted operations along its critical East-West Pipeline, paving the way to resume crude oil exports from the Red Sea port of Yanbu as early as Tuesday, according to three sources ...