International Finance

Tag : East-West Pipeline

EnergyFeatured

Middle East crude exports return to pre-Iran war levels as ‘Hormuz Plus One’ kicks in

International Finance Business Desk
At least 16.5 mbd of crude oil left the region between September 1 and 28, matching the pre-war average excluding Iran...
EnergyFeatured

Saudi crude oil exports hit four-month high as East-West Pipeline boosts shipments

International Finance Business Desk
The Kingdom's crude oil production increased to 8.135 million bpd from June's 7.122 million bpd, stated the ‌Joint Organizations Data Initiative...
FeaturedOil & Gas

East-West pipeline attack: Saudi offers crude via Sohar Port, cancels European cargoes

International Finance Business Desk
Saudi Aramco has offered its flagship Arab Light grade, as well as Arab Medium and Arab Heavy, to Asian buyers for loading off Sohar...
EnergyFeatured

Saudi’s East-West Pipeline shutdown threatens 4% of global oil supply

International Finance Business Desk
Saudi Arabia has shut down pipeline following drone attacks on the vital crude conduit, amid the war-related disruption in the Strait of Hormuz...
EnergyFeatured

Aramco posts 44% profit rise as higher oil prices boost energy sector earnings

International Finance Business Desk
The world's top oil exporter posted net profit of USD 32.69 billion in the three months ended June 30, compared with USD 22.67 billion a year earlier...