Middle East2 months agoMeeting oil demand will be essential for decades, Shell CEO saysThe global events of the last few months have shown that meeting oil demand will be essential for decades to…
Middle East2 months agoOil prices rise after Trump warns Iran over stalled peace talksOil prices rose on Monday in Asia after US President Donald Trump warned Iran the “clock is ticking” as talks…
Middle East2 months agoJP Morgan Warns Oil Could Average $151 in Q4Natasha Kaneva, J.P. Morgan’s head of global commodities strategy, J.P. Morgan warned that Brent could average as much as $151…
Middle East2 months agoOil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace dealOil prices rose Tuesday as U.S. President Donald Trump said that the ceasefire with Iran was on life support after…
Middle East2 months agoWorld’s largest oil company reports 25% profit jump as exports via Saudi Arabia’s East-West Pipeline bypass Strait of Hormuz closureAramco, the world’s largest oil company, reported Sunday that its first quarter profits jumped 25% over last year, as it…
Middle East2 months agoOil Tankers Go Dark to Exit the Strait of HormuzThree supertankers laden with crude oil successfully exited the Strait of Hormuz last week, carrying Iraqi and Emirati oil, Reuters…
Middle East3 months agoOil prices flat as Trump’s plan for Strait of Hormuz fails to calm marketBrent crude is largely unmoved by Trump’s announcement of the operation, dubbed ‘Project Freedom’. Oil prices have failed to ease…
Middle East3 months agoJP Morgan: UAE Could Attract More U.S. Investment After OPEC ExitThe United Arab Emirates (UAE) could attract more U.S. investment after the exit from OPEC as the country would be…
Middle East3 months agoWorld Bank forecasts 24% surge in energy prices in 2026 due to Middle East warEnergy prices are expected to surge by 24% in 2026 to their highest level since Russia’s full-scale invasion of Ukraine…
Middle East3 months agoAll the alternative routes for Middle East oil and gas to bypass the Strait of HormuzThe U.S.-Israeli war with Iran has disrupted shipping through the Strait of Hormuz, with only three vessels passing the waterway…
