International

Despite the lower purchases. Iran remained the third biggest oil supplier to India in August.

Qatar has key role in the security of energy supplies for Europe and international markets.

Tripoli was shaken by clashes between rival armed groups at the beginning of this month.

The oil and gas rig count is now 104 up from this time last year.

Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.

The financial crises in Argentina and Turkey have sent shivers through emerging markets.

When the Aramco IPO was proposed in 2016. Saudi officials had expected it would raise up to $100 billion to fund his reform agenda.

In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.

Oil prices have stabilized over the last two years largely thanks to a deal between OPEC and non-OPEC oil producers.

The oil pipeline is not the only project that highlights Saudi Arabia’s aspirations in Yemen.