Oil Prices Rise Above $100 as Middle East Supply Risks Intensify
Global oil prices climbed above the $100-per-barrel level as renewed security concerns in the Middle East raised fears about disruptions...
petroleum
Strait of Hormuz Shipping Traffic Falls to Two-Month Low Amid Regional Tensions
Shipping activity through the Strait of Hormuz has fallen to its lowest level in around two months as security concerns...
Oil Prices Rise Above $100 as Middle East Tensions Threaten Global Supply
London: Global oil prices have climbed above the $100-per-barrel mark as growing geopolitical risks raise concerns about possible disruptions to...
Shell Reports Sharp Improvement in Refining Margins as Energy Market Shifts
London: Shell is expecting a significant improvement in its refining performance for the third quarter, with stronger margins providing a...
Kenya Launches $16 Billion Lamu Refinery Project Amid Local Land Dispute
Kenya has moved forward with a major oil refinery project in Lamu, with Nigerian industrialist Aliko Dangote and President William...
Switzerland Secures Oil Supply as Government Releases Emergency Stocks Amid Refinery Disruption
Switzerland has authorised the release of petroleum products from its strategic emergency reserves after an interruption at the Cressier oil...
OPEC+ Freezes October Oil Output Policy Amid Global Supply Uncertainty
RIYADH — OPEC+ has decided to keep its oil production policy unchanged for October, pausing further adjustments as major producers...
