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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Aramco Completes Purchase of 49% Stake in PIF’s AI Company Humain, Contributing About SR9.9 Billion in Cash

Aramco has closed its acquisition of a 49% stake in HUMAIN, with the Public Investment Fund keeping 51% of the Saudi AI company.

OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Qatar’s Nakilat Says LNG Carrier Al Mayeda Was Hit by Unidentified Objects in the Gulf, No Injuries Reported

Qatar Gas Transport Co. (Nakilat) said its LNG carrier Al Mayeda was hit by unidentified objects while sailing in the Gulf on Oct. 30, with no crew injuries.

Aramco Completes Purchase of 49% Stake in PIF’s AI Company Humain, Contributing About SR9.9 Billion in Cash

Aramco has closed its acquisition of a 49% stake in HUMAIN, with the Public Investment Fund keeping 51% of the Saudi AI company.

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Qatar’s Nakilat Says LNG Carrier Al Mayeda Was Hit by Unidentified Objects in the Gulf, No Injuries Reported

Qatar Gas Transport Co. (Nakilat) said its LNG carrier Al Mayeda was hit by unidentified objects while sailing in the Gulf on Oct. 30, with no crew injuries.

Aramco Completes Purchase of 49% Stake in PIF’s AI Company Humain, Contributing About SR9.9 Billion in Cash

Aramco has closed its acquisition of a 49% stake in HUMAIN, with the Public Investment Fund keeping 51% of the Saudi AI company.

Iraq’s Oil Exports Through Kurdistan Pipeline to Turkey Double to 500,000 Barrels a Day, KAR Group Chairman Says

Iraq's oil exports through the Kurdistan Region's pipeline to Turkey have doubled to 500,000 barrels a day, the chairman of Erbil-based KAR Group said.

QatarEnergy Keeps Petrol and Diesel Prices Unchanged for November, With Super 95 at QR2.10 a Liter

QatarEnergy left retail petrol and diesel prices unchanged for November, keeping Super 95 at QR2.10 a liter, Premium 91 at QR1.95 and diesel at QR2.05.

Brent Settles 2.4% Higher at $117.64, Its Highest Since April, After Limpet Mine Attack on Hormuz Tanker

Brent crude futures for December settled up $2.76, or 2.4%, at $117.64 a barrel on Friday, the highest since the end of April, and ended October 13.6% higher.

Saudi Crude Exports Rose in October Despite Attacks on Gulf Shipping, Two of Three Ship Trackers Say

TankerTrackers.com put Saudi crude exports at about 7.9 million barrels per day in the first 29 days of October, up from 5.8 million bpd in September.

Pakistan Offers Saudi Companies Tax-Free Oil Storage as Alternative to Hormuz Shipping Routes

Pakistan has approved a tax-neutral bonded oil storage policy that would let Saudi companies hold commercial reserves in the country without local tax liabilities.

Oman’s Navy Evacuates 25 Crew From Panama-Flagged Vessel RITI After Attack Sparks Fire Off Musandam

Oman's Royal Navy evacuated 25 crew from the Panama-flagged vessel RITI after it was targeted and caught fire 1.6 nautical miles off Musandam, near the Strait of Hormuz.

ADIPEC Opens Monday in Abu Dhabi With More Than 40 Ministers and a Record 2,260 Exhibiting Companies

ADIPEC 2026 opens in Abu Dhabi on Monday with more than 40 ministers, more than 1,800 speakers and a record 2,260 exhibiting companies, organizers said.

Saudi Aramco Raises November LPG Prices by Up to 6.8%, Lifting Propane to $720 a Ton, Traders Say

Saudi Aramco has raised its official selling prices for liquefied petroleum gas by between 5.9% and 6.8% for November, citing seasonally higher demand and limited global supply, according to traders.

Kuwait’s HEISCO Wins KD1.92 Million Order to Replace FCC Regenerator at KNPC’s Mina Al-Ahmadi Refinery

Heavy Engineering Industries and Shipbuilding Company (HEISCO) has received a KD1.92 million ($6.2 million) purchase order to help replace a regenerator in a fluid catalytic cracking unit at KNPC's Mina Al-Ahmadi refinery.