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Energy Tensions Escalate as Diplomacy Falters in Middle East | Science-Environment
10+ hour, 21+ min ago (257+ words) Energy Tensions Escalate as Diplomacy Falters in Middle East Devdiscourse Energy Tensions Escalate as Diplomacy Falters in Middle East Oil prices surged after the postponement of a key diplomatic meeting and attacks around vital Middle Eastern oil routes heightened tension…...
Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows
10+ hour, 9+ min ago (1064+ words) © chitsanupong / Adobe Stock Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher. The world’s largest crude oil exporter said…...
Natural Gas and Oil Forecast: Saudi Pipeline Shutdown Deepens Global Supply Risk
12+ hour, 11+ min ago (641+ words) Oil fundamentals sharply tightened Monday following the closure of Saudi Arabia’s East-West pipeline as a result of drone attacks. The pipeline carries about 4 million barrels a day to the Red Sea port of Yanbu, representing about 4% of global supply. Industry…...
Fuel price rise deepens pressure on Nigerians
19+ hour, 40+ min ago (719+ words) By Udeme Akpan & Marian Eko LAGOS — The surge in international crude oil prices above $100 per barrel is pushing up petrol prices across Nigeria, with major marketers raising pump prices and creating fresh pressure on transporters, commuters, households and businesses. MRS…...
NUPRC: Nigeria’s Oil Output Hits 1.68m Bpd, Meets OPEC Quota For Fourth Straight Month
12+ hour, 35+ min ago (421+ words) NUPRC says Nigeria’s oil output rose to 1.68m bpd in August, meeting its OPEC quota for the fourth consecutive month. Nigeria’s crude oil and condensate production rose marginally by 6,887 barrels per day (bpd) in August 2026, reaching 1,677,777 bpd, according to the latest…...
East-West Pipeline: Saudi Oil Stocks at Risk
8+ hour, 13+ min ago (247+ words) Saudi Arabia's oil export stocks may deplete within days if the damaged East-West pipeline isn't restarted, potentially cutting global supply by up to 4%, according to oil buyers and traders. The Guardian reported that "Saudi Arabia's oil stocks designated for export…...
Iran-US war latest: Trump says he could keep Iranian oil ‘like Venezuela’ as Hormuz talks face setback
12+ hour, 42+ min ago (1765+ words) US president Donald Trump has suggested his forces could stay in Iran and "keep the oil", drawing a parallel with a US push to take control of a fifth of Venezuela's vast oil reserves. Trump reiterated that he still expected…...
Europe’s €10 trillion question: Who should carry the risk, people or the State?
13+ hour, 32+ min ago (515+ words) AT the annual gathering of French business leaders in Paris on 27 August, European Commission President Ursula von der Leyen pitched the Savings and Investments Union to unlock €470bn from Europe’s “lazy” €10tn private savings for companies. The language was bound to provoke…...
Oil Prices Jump More Than 2% After New Strikes on Saudi Arabia, Strait of Hormuz
13+ hour, 14+ min ago (43+ words) newsmobile.in Checking your browser before redirecting. You are seeing this because the administrator of this website has set up a firewall to protect the server against automated traffic....
Rupiah Weakness Persists Amid Surging Oil Prices
13+ hour, 31+ min ago (153+ words) The Indonesian rupiah slipped toward IDR 17,650 per U.S. dollar on Monday, weakening for a third session as the U.S. dollar index continued to firm ahead of the Fed’s upcoming policy meeting. The currency also faced pressure from a jump in oil prices,…...