Aramco’s quick recovery from the attacks on its Abqaiq oil facility shows resilience and flexibility that’s without parallel in the industry. proving to the world that Saudi Arabia is a reliable supplier.
Read More »Geopolitical Tension Affects Oil Prices for Short Intervals
The Saudi oil producer’s future strategy aims to respond to emergencies through flexibility and trained human resources.
Read More »Global Chemical Supply and Demand Threatened by Middle East Escalation
Other important products heavily exposed to disruption to shipping in the Strait of Hormuz include monoethylene glycol (MEG). ethylene and methanol.
Read More »The Trade War Ceasefire Meaning For Oil
The signing of the Phase 1 deal will certainly put at least a temporary floor in the increasingly fractious relationship between the U.S. and China.
Read More »Aramco`s Tough Test
Saudi Aramco’s status as an oil-producing behemoth always marked it as likely to suffer bouts of volatility.
Read More »Iran Investigating Cause of Plane Crash within ICAO standards
The Islamic Republic of Iran has welcomed presence of the experts from countries whose citizens have been killed in the accident.
Read More »Commercial Ships Enjoy Safety in Iranian Waters
The commercial ships carrying cargo to the Iranian ports enjoy full safety in light of security provided by the country for its territorial waters.
Read More »UK Rejects Trump’s Request to Leave JCPOA
The British government once again opposed US President Donald Trump’s request for moving out of Joint Comprehensive Plan of Action (JCPOA).
Read More »Oil Markets Rally. Stocks Take Further Plunge After Iranian Reprisal Attaks on US Bases
The price of crude saw a significant jump following a series of Iranian missile strikes on American bases in Iraq in retaliation for Washington'.s assassination of Tehran'.s elite commander.
Read More »Iran`s Economy Minister Asks FATF to Protest at US Financing of Terrorist Acts
Iranian Economy Minister Farhad Dejpasand called on the Financial Action Task Force to protest at the US allocation of a budget for terrorist acts like assassination of IRGC Qods Force Commander Lieutenant General Qassem Soleimani.
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