Browsing: Middle East

Oil notched its first back-to-back weekly drop this year as traders weighed the prospect of expanded OPEC+ supplies against US-Iran…

Baker Hughes Co. is exploring a potential sale of its Waygate Technologies unit, which provides industrial testing and inspection equipment,…

Indian refiner Reliance Industries Ltd. has received a general license from the US government that will allow it to purchase…

The U.S. Energy Information Administration (EIA) increased its 2026 West Texas Intermediate (WTI) crude oil average spot price forecast, and…

Some OPEC+ members see scope for the alliance to resume supply increases in April, believing concerns of a glut in…

In a release sent to Rigzone on Thursday, ADNOC Drilling said it had delivered its “best year on record with…

A vast hoard of sanctioned oil that’s stranded at sea is driving up global prices as buyers compete for other…

Oil slid as risk-averse sentiment pervaded global markets and investors digested fresh developments in US-Iran tensions that continue to cloud…

Abu Dhabi National Oil Co.’s shipping arm is evaluating the purchase of liquefied natural gas tankers as the state producer…

Ukrainian drones hit another Russian refinery owned by Lukoil PJSC, as Kyiv’s attacks on its foe’s energy infrastructure resume after…