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

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

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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.

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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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Qatar Helium Exports to Japan Drop After Regional Disruption

Helium supply shock disrupted Qatar’s export flow to Japan during March 2026. Shipments dropped sharply after regional conflict intensified. Japan received significantly lower volumes...

Iraq Revives Strategic Basra-Ceyhan Pipeline Plan

Iraq pipeline route discussions have returned as policymakers reconsider a major export project linking southern oil fields to Turkey. The plan aims to strengthen...

Fuel Price Rise UAE Petrol Prices May Outlook Amid Global Oil Market Volatility

Fuel price rise shapes expectations for UAE motorists as May approaches. Fuel price rise continues to dominate attention as global oil markets remain unstable....

Oil Prices Rise as Ceasefire Uncertainty Shakes Global Markets

The oil market surge returned to headlines as tensions between the United States and Iran intensified. Investors reacted quickly to uncertainty surrounding a fragile...

Iraq Launches New Oil Export Route Through Syria’s Baniyas Port

Iraq oil trade expands after officials confirm a new export route through Syria’s Baniyas port. This development strengthens regional logistics and improves access to...

Energy Repair Cost Surges as Middle East Infrastructure Damage Widens

Energy repair cost concerns have intensified across the Middle East after recent conflict damage to critical infrastructure. The energy repair cost now reflects a...

Gulf War Damage Costs Surge to $58 Billion as Energy Infrastructure Losses Mount

War damage cost concerns continue to rise across the Gulf after new estimates highlight severe energy infrastructure losses. The war damage cost now reflects...

Iraq Seeks Revival of Oil Pipeline Route Through Saudi Arabia

Iraq oil exports remain a key focus as Baghdad works to secure more stable and diversified shipping routes. Officials continue exploring options to reduce...

Saudi Oil Exports to China Expected to Drop Sharply in May Amid Rising Middle East Tensions

Saudi oil China flows are expected to decline sharply in May as regional tensions disrupt supply chains. The ongoing conflict in the Middle East...

Oman Launches Major Energy Expansion Plan with Five New Oil and Gas Exploration Blocks to Attract Global Investment

Oman has launched a new initiative to expand its hydrocarbon sector and attract global investors. This Oman energy boost focuses on opening five new...

Gulf Economy Shock Spreads Across Middle East as Energy, Trade, and Investor Confidence Decline Amid Regional Conflict

A Gulf economy shock continues to spread across the Middle East as regional conflict intensifies. This Gulf economy shock affects trade, energy flows, and...

Saudi Arabia Restores East-West Oil Pipeline to Full Capacity After Attacks, Strengthening Export Stability

Saudi Arabia restored its East-West oil pipeline to full capacity after recent attacks. As a result, the pipeline now operates normally and supports national...
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