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Japan stands at a pivotal moment, where diplomacy and strategy must converge to navigate rising tensions from the Middle East ...
OQ Exploration & Production says 1H net profit fell almost 11% due to rising finance costs. The Omani energy company also ...
Indian refiners seek alternative crude sources amid US pressure on Russian imports, impacting global oil market dynamics.
Arabian Gulf Business Insight on MSN3h

As summer demand ends, oil market shifts to oversupply

Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the Middle East, Latin America and Europe, just as peak summer demand ends, ...
Commercial air traffic over Iraq is steadily rebounding as both Gulf and international carriers return to the country’s skies, according to data from FlightRadar24. The reopening follows […] ...
Rystad Energy analysts report WTI faces challenges from OPEC+ exports, refinery maintenance, and quality mismatches, ...
Strong summer demand for driving fuels has provided some support to markets, but IEA data indicates inventories are already tipping into oversupply, with world oil stocks reaching a 46-month high in ...
Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the ...
Oil prices edged higher as markets priced in geopolitical risk ahead of a high-stakes US-Russia meeting, despite bearish ...
Despite pressures, it continued to execute its international strategy, with new partnerships in Morocco and acquisitions in the UK and Uzbekistan ...
ADNOC Drilling recently reported record-breaking H1 2025 results, with significant revenue and profit growth driven by fleet ...
OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...