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Sunday, August 09, 2026 | Safar 25, 1448 H
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Energy

Gulf shipping traffic down after Saudi tanker attack

NEW DELHI: Shipping traffic through the Strait of Hormuz and the ​Bab-el-Mandeb strait, ​the key maritime chokepoints in the Gulf, reduced significantly on Wednesday from the previous day, shipping data showed. Just...

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Iran, US threaten attacks on oil facilities

SPAIN-OIL-PETROL -WAR-ECONOMY

Stocks slide, oil drops amidst Middle East conflict

A man fills up a truck at a petrol station of an Inland Container Depot (ICD) terminal in Uiwang, South Korea. — AFP

Omani crude closes at a record high of $144.36

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Oil holds above $100, stocks fall as Iran targets Hormuz

SKOREA-US-ISRAEL-IRAN-WAR-OIL

Oil market faces ‘biggest supply hole in history’

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OQGN advances feasibility study of Northern Oman CCUS hub

The Northern CCUS Ecosystem is one of three strategic CCUS hubs envisioned as part of the country’s Net-Zero journey.

Brent nears $100 as attacks at sea rise

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. REUTERS/Eli Hartman Purchase Licensing Rights, opens new tab.

Oil shock ‘largest supply disruption’ in history: IEA

A view of the Repsol oil refinery in A Coruna, northwestern Spain. — AFP

Oman crude surges to $134.75 amid global oil market turmoil

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Oil shrugs potential IEA reserves release

A view of a pump jack and drilling rig south of Midland, Texas. — Reuters

TotalEnergies sells Oman crude at record premium

According to traders, Totsa sold April-loading Oman crude to ExxonMobil at a premium of more than $20 per barrel above Dubai benchmark quotes.

Trump announces new US refinery backed by India's Reliance

Labourers rest in front of an advertisement of Reliance Industries Limited at a construction site in Mumbai, India. — Reuters

OQ clarifies on 'force majeure' on LNG shipments

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OQEP projects capex at $800–900 million for 2026

Top officials of OQEP addressing investors recently.

Aramco sees 'catastrophic consequences' for oil if shipping doesn't resume

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