#oil

Recent public posts

Sign in to join the #oil conversation

Sign in / Join free

19 Aug 2026

Global: Oil markets are pricing in a prolonged Strait of Hormuz crisis as traders expect supply disruptions to persist, keeping crude near $90 a barrel. #Oil #Hormuz

Post by Al Zaheri

0 likes0 comments#oil #hormuz

17 Aug 2026

India: The country’s oil import bill could rise by $5–10 billion if Russian crude purchases fall by 50%, an economist warned amid shifting global energy trade. #India #Oil

Post by Al Zaheri

0 likes0 comments#oil #india

6 Jul 2026

OPEC+ members agree to raise oil output quotas from August 2026. #OPEC #Oil #Energy #Kuwait #Business #News

Post by Tarique Rahman

2 likes2 comments#energy #business #opec #news #oil

19 Jun 2026

Kuwait Boosts Oil Output After Hormuz Reopens Kuwait has begun increasing oil production and expects output to exceed two million barrels per day following the reopening of the Strait of Hormuz under the US-Iran peace arrangement. Officials said damaged infrastructure has been repaired faster than expected, allowing energy operations to recover quickly. Kuwait also announced the immediate lifting

Post by Tarique Rahman

4 likes4 comments#hormuz #energy #oil #econom #kuwait

30 May 2026

Gold prices fell to their lowest level in two months as renewed uncertainty surrounding the US-Iran conflict strengthened the US dollar and pushed oil prices higher. Investors reassessed risk positions amid shifting expectations over geopolitical developments and energy markets. Analysts say movements in gold, oil, and currency markets remain closely tied to developments in the Middle East and bro

Post by Jacob Smith

4 likes3 comments#finance #oil #markets #gold #iran

25 May 2026

Donald Trump said negotiations aimed at ending tensions with Iran and reopening the Strait of Hormuz are progressing, but insisted that American negotiators should not rush into an agreement. Trump also criticized opponents on social media, saying critics were commenting on matters they “know nothing about.” His latest remarks come after earlier claims that a potential deal with Tehran had already

Post by Jacob Smith

3 likes2 comments#donaldtrump #middleeast #oil #iran #unitedstates

25 May 2026

Kuwait’s Ministry of Oil held a virtual discussion on developments in liquefied natural gas and hydrogen in cooperation with the Arab Energy Organization, highlighting the growing importance of alternative energy sources. Officials said Kuwait is expanding the use of natural gas for electricity generation to improve energy efficiency, strengthen environmental performance, and optimize fuel consump

Post by Tarique Rahman

3 likes2 comments#hydrogen #kuwait #naturalgas #oil #s

12 May 2026

Saudi Aramco CEO Amin Nasser revealed that Saudi Arabia is working to expand oil export capacity through Yanbu on the Red Sea to more than five million barrels per day amid ongoing shipping disruptions linked to tensions around the Strait of Hormuz. The move highlights the Kingdom’s strategy to strengthen energy security, maintain stable global oil supplies and reduce risks affecting international

Post by Abdurrahman

3 likes2 comments#middleeast #aramco #energy #economy #yanbu

11 May 2026

Saudi Aramco CEO Amin Nasser stated that the world has lost nearly one billion barrels of oil over the past two months due to shipping disruptions affecting traffic through the Strait of Hormuz. He noted that energy markets may take time to stabilize even if flows resume fully. Nasser reaffirmed Aramco’s commitment to maintaining energy supplies despite increasing global pressure on the oil market

Post by Abdurrahman

5 likes4 comments#globalmarkets #energy #saudiaramco #oil

8 May 2026

Saudi Energy Minister Prince Abdulaziz bin Salman and Japan’s Economy Minister Akazawa Ryosei discussed expanding cooperation in the energy sector during a virtual meeting. Both sides reaffirmed the long-standing strategic partnership between Saudi Arabia and Japan while exploring opportunities for stronger collaboration in energy security and economic development. #SaudiArabia #Japan #Energy #Eco

Post by Abdurrahman

4 likes4 comments#economy #japan #partnership #globalenergy #oil

8 May 2026

Saudi Arabia has strongly rejected any attempt to shut down the Strait of Hormuz or disrupt international waterways, stressing that freedom of navigation is protected under international law. During an international virtual meeting, Saudi officials warned that threats to key shipping routes could impact global security, energy markets, and international trade stability. #SaudiArabia #StraitOfHormu

Post by Abdurrahman

4 likes4 comments#straitofhormuz #oil #diplomacy #saudiarabia #security

6 May 2026

Saudi Arabia reported a budget deficit of SR125.7 billion in the first quarter of 2026, driven by declining oil revenues and increased government spending. While oil income remained the largest contributor, non-oil revenues saw modest growth supported by taxes on goods and services. The data reflects ongoing economic shifts as the Kingdom diversifies its revenue sources. #SaudiArabia #Economy #Bud

Post by Abdurrahman

3 likes3 comments#economy #economicnews #vision2030 #business #oil