Missile and drone strikes on Saudi Arabia’s energy infrastructure have slashed oil production capacity by about 600,000 barrels per day and cut East-West pipeline throughput by 700,000 bpd, according ...
Russia's crude oil production declined by 460,000 barrels per day in April from the same month a year ago to around 8.8 ...
President Muhammadu Buhari cancelled a planned visit to the region last week, which some observers said was a missed opportunity to calm tensions in a region that accounts for a large portion of ...
Saudi Aramco and TotalEnergies have shut down a jointly-owned Saudi refinery complex because of damages sustained in recent attacks by Iran. Upstream reported on 7 April that missile strikes from Iran ...
FILE PHOTO: General view of Khurais NGL recovery plant in the eastern province of Saudi Arabia, June 28, 2021. Picture taken June 28, 2021. REUTERS/Mohammed Benmansour./File Photo CAIRO, April 12 ...
IEA sees global oil demand and supply declining sharply in 2026 amid Strait of Hormuz disruptions, high prices and weak ...