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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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Gulf Oil Exports Near Pre-War Levels Despite Rising Attacks and Higher Shipping Costs

Gulf oil exports are approaching pre-war levels despite rising attacks and shipping costs. However, stronger shipment volumes do not mean regional oil markets have...

UAE Fuel Prices Could Fall in November as Middle East Oil Exports Recover Despite Shipping Risks

UAE fuel prices could ease in November if Middle East oil supplies remain strong. Regional crude exports recently climbed above levels recorded before the...

Middle East Oil Exports Rise Above Pre-War Levels Despite Growing Tanker Attacks

Oil exports from the Middle East moved above pre-war levels during several days in late September. Regional crude shipments reached as much as 22.5...

Oman Economy Grows 5.1% as Rising Oil Production and Prices Drive Growth in 2026

The Oman economy grew strongly during the second quarter of 2026. Higher oil production helped support overall growth during the period. Gross domestic product...

Houthi Gains Around Bab Al Mandab Raise Risks for Red Sea Shipping and Oil Markets

Houthi forces have strengthened their position around Yemen’s Bab Al Mandab Strait, increasing risks to Red Sea shipping, Saudi energy infrastructure and global oil...

Saudi Oil Exports Reach Wartime High as Pipeline Flows Resume and Shipping Costs Rise

Saudi oil exports have reached their highest level since the conflict began. The increase follows the partial restart of the East-West pipeline. Saudi Arabia...

PIC Investment Expands Kuwait-US Petrochemical Cooperation Through New Three-Year Business Agreement

Petrochemical Industries Company is expanding its international reach through a new three-year agreement. The PIC investment agreement strengthens commercial cooperation between Kuwait and the...

Oman Digital Talent Gains New Career Opportunities Through SAP and PDO Partnership

Oman digital talent is gaining new opportunities through a new collaboration between SAP and Petroleum Development Oman. The partnership connects PDO’s Digital Innovation Programme...

UAE Fuel Prices Set for October Update as Oil Prices Rise Toward $107 a Barrel

UAE fuel prices face a possible change as global oil markets remain elevated. Brent crude climbed toward $107 a barrel on Tuesday. The increase...

QatarEnergy LNG Deliveries to Italy Face Extended Disruption as Force Majeure Runs Through December

QatarEnergy LNG deliveries to Italy will remain disrupted after another force majeure extension. The latest notice affects six planned cargoes for Italian energy company...

Saudi Oil Pipeline Resumes Operations as Repairs Restore Crude Exports Through the Red Sea

Saudi oil pipeline operations have resumed after repairs following an attack earlier this month. The restart supports Saudi Arabia’s efforts to maintain crude exports....

Kuwait Oil Company Expands Digital Drilling Capabilities With AI Assistant Designed to Preserve Engineering Knowledge

Sanad AI is helping Kuwait Oil Company improve access to decades of drilling knowledge. The system uses generative artificial intelligence to support engineers during...
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