oil

Oil dips as emerging market woes dim demand outlook
Middle East

Oil dips as emerging market woes dim demand outlook

LONDON (Reuters) – Oil prices slipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel…
Saudi Arabia reassures Canada on oil supply in row over jailed activists
Middle East

Saudi Arabia reassures Canada on oil supply in row over jailed activists

RIYADH (Reuters) – A row over human rights in Saudi Arabia will not have any impact on Saudi oil supplies…
Oil rises as U.S. sanctions on Iran stir supply worries
Middle East

Oil rises as U.S. sanctions on Iran stir supply worries

NEW YORK (Reuters) – Oil prices rose on Tuesday after U.S. sanctions on Iranian goods went into effect, intensifying concerns…
Saudi Arabia resumes oil transports through strait after Houthi strikes
Middle East

Saudi Arabia resumes oil transports through strait after Houthi strikes

Oil shipments were halted 10 days ago after two Saudi tankers came under attack by Houthi rebels. This week, Israel…
Israel warns Iran of military response if it closed key Red Sea strait
Middle East

Israel warns Iran of military response if it closed key Red Sea strait

JERUSALEM (Reuters) – Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that…
Oil to hold steady into 2019 as OPEC, U.S. compensate for supply hitches: Reuters poll
Middle East

Oil to hold steady into 2019 as OPEC, U.S. compensate for supply hitches: Reuters poll

Oil prices are likely to hold fairly steady this year and next as increased output from OPEC and the U.S.…
UAE calls Houthi attack on oil shipments totally irresponsible
Middle East

UAE calls Houthi attack on oil shipments totally irresponsible

LONDON (Reuters) – An attack on Wednesday by Yemen’s Iran-aligned Houthi rebels on two oil tankers in the Red Sea…
Saudi Arabia suspends oil exports through Red Sea lane after Houthi attack
Middle East

Saudi Arabia suspends oil exports through Red Sea lane after Houthi attack

DUBAI (Reuters) – Top oil exporter Saudi Arabia said on Thursday it was “temporarily halting” all oil shipments through the…
Eni reveals second oil discovery in Egypt’s Western desert
Egypt

Eni reveals second oil discovery in Egypt’s Western desert

  Italian drilling company Eni revealed the discovery of a second oil well in Egypt’s Western Desert, according to press release…
Rouhani says US pressure to stop Iranian oil may effect regional exports
Middle East

Rouhani says US pressure to stop Iranian oil may effect regional exports

  Iran’s President Hassan Rouhani said regional oil exports may be threatened if the United States tries to pressure its…
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