#Crude

Saudi

Saudi says low refining capacity causing fuel-price jump

Crude prices have surged to around $110 a barrel in the past year

OPEC+ still sees no need to change plan despite Ukraine crisis

Brent futures briefly surged to a 13-year peak near $139 a barrel earlier this month

Vitol CEO sees oil above $100 for a ‘prolonged period’ this year

Energy supplies are struggling to keep up with a robust economic recovery

Oil extends eight-week rally on intensifying Ukraine tensions

Crude surged to the highest since 2014 last week

Oil gains on outlook for rising demand as Omicron wave fades

Crude has enjoyed a robust start to the new year, with prices soaring to the highest since 2014 last week

Crude markets run hot in Asia as Omicron fails to dent demand

Brent futures have soared in the opening weeks of 2022, reflecting the underlying bullishness on display in the physical markets

Oil slumps to lowest since May after Fed signals taper this year

Oil’s impressive first-half rally has lost momentum in July and August

Aramco is in advanced talks on up to $25bn Reliance deal

A transaction would boost Aramco’s sales of crude to India

IEA cuts oil demand outlook for rest of 2021 due to Covid-19

Oil prices have retreated 6 per cent this month as the contagious delta variant triggers renewed lockdowns in China and other key Asian consumers

Brent oil steadies near 8-week low after market selloff on Covid-19 resurgence

Oil has run into stiff headwinds in July after rising in seven of the past eight months

OPEC+ to meet on Sunday to discuss oil output deal

If there is a deal on Sunday, it is unclear how quickly additional supplies can be delivered to the market

Oil rallies to 32-month high as rising demand emboldens bulls

The US benchmark is on course for a fifth quarterly advance, which would be the best run since 2010

Oil has worst week in over a month with potential Iran return

Some analysts estimate Iran could return to pre-sanctions production of almost 4 million barrels a day in as little as three months

Saudi Aramco’s profit soars in Q1 as crude prices rise

Brent crude has gained over 30 per cent this year to top $68 a barrel

Kuwait’s state oil company to seek up to $20bn of funding

Oil accounts for 90 per cent of Kuwait’s revenue

Brent oil passes $65 with US crisis now a global supply shock

More than 4 million barrels a day of US oil output is now offline

Brent oil extends advance toward $60 on tightening global market

Futures in London rose 0.9 per cent after capping a third weekly gain

Oil jumps to one-year high with depleting supplies aiding rally

Futures in New York traded near $55 a barrel after jumping almost 5 per cent over the previous two sessions

Oil falls below $48 with virus mutation raising lockdown risks

The mutation comes as vaccines are being rolled out in several countries and as the US closes in on a stimulus plan

UAE announces fuel prices for November 2020

Prices will remain unchanged for the eighth consecutive month

Saudi chemicals maker SABIC posts profit as demand revives

Profit rose mainly due to the reversal of SAR690m of impairments associated with Clariant AG

Aramco, Sabic to reassess $20bn crude-to-chemicals project

SABIC suspended new capital spending earlier this year as it reported losses in the first and second quarters

Top 10 countries with the world’s largest oil reserves

The oil market has been hit hard in 2020, with prices plummeting to record lows

Abu dhabi global market

ICE to launch trading in Murban futures contracts in Abu Dhabi in Q1 2021

ICE had announced plans in November last year to launch the platform in partnership with ADNOC

UAE oil-storage hub to open new tanks this year

Brooge is adding eight tanks at the site in the UAE port of Fujairah

Abu Dhabi City United Arab Emirates

Abu Dhabi follows Saudis in raising crude prices amid OPEC+ cuts

Murban for March sold at a $1.88 premium over the regional benchmark before plunging to discounts. For July, it will sell at a $1 premium

Brent oil rises past $40 as OPEC+ cut extension looks likely

While crude has now doubled from its low in mid-April, the path back to pre-virus levels of oil demand still looks uncertain

Oil rises above $30 for first time in two months on output cuts

There’s still a risk, however, that oil’s recovery could be derailed if the pandemic worsens

UAE Oil Minister: Concerned About Oil Price Fall “But Not Panicking”

Brent crude fell towards $84 a barrel on Tuesday, after top oil exporter Saudi Arabia cut prices to the United States.

Oil Heads For 4-year Low On Saudi Output Signal

Kuwait’s oil minister said on Sunday OPEC was unlikely to cut production to support prices.