U.S. Secretary of State Marco Rubio said Wednesday that Saudi Arabia had restarted its East-West pipeline, restoring the route for crude exports that bypasses Hormuz.
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 ...
With around 88,000 rooms currently under construction and another 25,000 in the final planning stages, over 55% of upcoming ...
Saudi Arabia is taking measures to rebuild its oil and gas infrastructure after recent damage. Here are the Indian stocks to ...
Oil eases as Iran keeps talks open, while Hormuz risk still backs Brent. Brent holds above $102 as Saudi pipeline flows ...
At the start of the Iran war, many feared that Tehran's closure of the Strait of Hormuz would send oil prices through the roof and throttle the global economy.
Yemenis celebrate as they follow a convoy of freed prisoners from Mokha to Sana’a - AP Photo The Trump administration came perilously close to launching ...
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 ...
November WTI crude oil (CLX26 ) closed up +1.64 (+1.81%) on Wednesday, and November RBOB gasoline (RBX26 ) closed up +0.1183 (+3.67%). Crude oil and gasoline prices rallied sharply on Wednesday, with ...
The oil Saudi Arabia does not extract is not lost. Why lower extraction, deferred exports and resource sovereignty offer a ...
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 ...
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