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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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Saudi Arabia Restores Key Energy Infrastructure and Stabilizes Oil Supply After Recent Disruptions

Saudi Arabia restored major energy infrastructure after recent attacks affected key production and transport systems. Oil supply has stabilized as the kingdom brought critical...

Oman Reports Steady Growth in Natural Gas Output and Rising Energy Demand Across Key Sectors in Early 2026

Oman gas output shows steady growth as the country reports higher natural gas production levels in early 2026. Officials confirm rising figures across both...

Jet Fuel Recovery to Take Months Despite Strait of Hormuz Reopening, Airlines Warn

Jet fuel recovery will take months even if the Strait of Hormuz reopens, industry leaders warn. The key phrase jet fuel recovery emphasizes the...

Strait of Hormuz Reopens After US-Iran Ceasefire, Energy Flows Resume

Strait of Hormuz is back in operation following a two-week ceasefire agreement between the United States and Iran. The deal aims to prevent further...

Iraq Can Rapidly Restore Oil Exports if Strait of Hormuz Reopens, Says Basra Oil

Iraq says it could quickly restore crude oil exports if the Strait of Hormuz reopens. That would offer major relief after weeks of severe...

QatarEnergy and ExxonMobil Begin First LNG Shipments, Strengthening Qatar’s Global Market Role

The partnership between QatarEnergy and ExxonMobil will ship its first cargoes this quarter. This move strengthens Qatar’s position in global LNG markets and diversifies...

Iraq Rises Among Top OPEC+ Producers as Output Set to Reach 4.3 Million bpd

Iraq OPEC production climbs to a leading position as the country secures a top-three ranking under May 2026 quotas. The new figures highlight Iraq’s...

Iraq Oil Exports to US Reach 6.44 Million Barrels Despite Middle East Disruptions

Strong transatlantic energy flows have pushed Iraq oil exports higher as shipments to the United States remained resilient despite regional disruptions. The figures highlight...

Saudi Arabia’s Non-Oil Sector Contracts in March Amid Regional Tensions

Saudi Arabia’s non-oil sector contracted temporarily in March for the first time since 2020. This decline reflected the impact of geopolitical tensions in the...

Iran Allows Iraq Strait of Hormuz Access Amid U.S. Pressure, Escalating Gulf Energy Tensions

Iran has signaled that Iraq will continue using the Strait of Hormuz despite rising pressure from the United States. The move adds a new...

Iran Targets Gulf Energy and Utility Infrastructure, Raising Regional Oil and Economic Security Concerns

Iran widened its regional campaign by striking energy and industrial infrastructure across the Gulf, raising fresh concerns over oil security, utilities, and economic stability....

Oman and Iran Hold High-Level Talks to Secure Strait of Hormuz Amid Rising Regional Tensions

Oman and Iran launched high-level talks to secure the Strait of Hormuz as regional tensions intensify. This corridor remains critical for global oil flows,...
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