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EIA Sees 600,000 Bpd of Middle East Oil Still Offline by End-2027
The longer-than-expected closure of the Strait of Hormuz means that some part of the oil production in the Middle East will remain shut in through the end of next year ...
As Iran's attacks keep ship traffic through the Strait of Hormuz to a trickle and oil prices surge, Gulf states are planning to invest billions in pipeline alternatives.
Explore MENA’s vital economies, including Saudi Arabia and Israel, and understand the impact of extensive oil and gas ...
Oil producers are building or contemplating new pipeline projects to bypass the Strait of Hormuz, but this infrastructure is still vulnerable, analysts said.
A supertanker called the New Corolla docked in Long Beach recently, delivering what market intelligence firms Vortexa and Kpler confirm is California's last incoming shipment of Middle Eastern oil.
Oil prices surged on Friday as tensions in the Middle East outweighed concerns about slowing global demand growth and delayed ...
Some producers in the Middle East are likely to struggle to restore oil output to pre-conflict levels by the end of 2027, even if trade patterns return to normal by early next year, the U.S. Energy ...
Add Yahoo as a preferred source to see more of our stories on Google. Gas prices are at a four-year high and experts are warning they could climb even higher. The final oil tanker from the Middle East ...
Wood Mackenzie now expects the global upstream oil and gas sector to generate $495 billion in free cash flow in 2026 if Brent averages $90 per barrel. Large producers are set to capture more than half ...
China’s state-owned Sinopec Corp., the world’s largest refiner, has been purchasing Far East Russian oil to compensate for oil ...
A defense pact between Pakistan, Saudi Arabia, and Turkey shows how far U.S. influence in the Middle East has eroded—and how regional powers are now shaping their own security order. Turkish President ...
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