Gulf refining capacity is up by one-third since 2017 to ~10.5 mb/d, lifting gasoline output to ~2.4 mb/d and doubling exports to ~654 kb/d. The large increase in refining capacity has, however, ...
Global upstream investment is set to fall again in 2026, but the Middle East and North Africa are expected to add around 20 ...
The January 2026 US military operation in Venezuela, culminating in President Nicolás Maduro’s capture, has reverberated far beyond geopolitics, drawing intense scrutiny from energy markets including ...
Israeli airstrikes in Lebanon this week have killed about 550 people. Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the potential ...
The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand, adding to signs of a softening global picture that’s weighed on benchmark crude ...