Oil prices rose on Thursday, reversing earlier losses, following a report that Chinese refiners have suspended October fuel exports, further squeezing war-constrained energy markets. International benchmark Brent crude with December expiry was last seen trading 2.2% higher at $100.15 per barrel, having earlier traded 1% lower, while U.S. West Texas Intermediate futures with November expiry…
Numerous merchant ships belonging to Iran and other countries remain at anchor in the Strait of Hormuz in Bandar Abbas, Iran, on Sept. 8, 2026. Fatemeh Bahrami | Anadolu | Getty Images Crude oil prices rose Thursday but were off session highs on a report that U.S. and Iranian negotiators in New York are discussing…
From left: Suzanette Cruz, Account Manager, Sales B2B; Nuno de Oliveira, Sales Operations Analyst, Sales; Andrea Aragão, Marketing Manager. Internet Technologies Angola S.A. (ITA) presented its OneWeb connectivity solution at the Angola Oil & Gas 2026 conference this week (9-10 September) to demonstrate reliable connectivity solutions that meet the communication needs of operations in environments…
From left, Suzanette Cruz, account manager, sales B2B; Nuno de Oliveira, sales operations analyst, sales; and Andrea Aragão, marketing manager Internet Technologies Angola (ITA) presented its OneWeb connectivity solution at the Angola Oil & Gas 2026 conference this week (9-10 September) to demonstrate reliable connectivity solutions that meet the communication needs of operations in environments…
Two sanctioned oil supertankers engage in a crude transfer near the Borrachas Islands at Venezuela’s northeastern coast off Puerto La Cruz, Venezuela Aug. 9, 2026. Leonardo Fernandez Viloria | Reuters Oil prices fell Thursday as Saudi Arabia shifts some crude exports through the Strait of Hormuz to compensate for the closure of a key pipeline,…
The symbolic move comes as Argentina escalates its claim over the British-administered territory. Published On 17 Sep 202617 Sep 2026 An Argentinian judge has ordered the suspension of a British-Israeli oil project near the Falkland Islands in a purely symbolic move as Argentina escalates its claim over the British-administered territory. Wednesday’s interim ruling issued by…
Vessels transiting through the Gulf of Oman are pictured off the coast of Muscat on July 25, 2026. (Photo by AFP via Getty Images) / – | Afp | Getty Images U.S. President Donald Trump plans to meet Gulf leaders on the sidelines of the United Nations General Assembly in New York next Tuesday to…
(L/R) Harold Hamm, chairman of Continental Resources, shakes hands with PDVSA Executive Vice President Jovanny Martinez after signing an agreement during the third day of the G20 Ministerial Meeting on Energy Abundance in Houston, Texas on September 16, 2026. Ronaldo Schemidt | Afp | Getty Images Continental Resources on Wednesday signed a memorandum of understanding…
Brent crude has risen above $100 a barrel as war in Iran disrupts shipping through the Strait of Hormuz, while the Houthis’ capture of Mayun Island raises concerns over another major oil route through the Bab al-Mandeb. Al Jazeera’s Farah Samir explains. Published On 14 Sep 202614 Sep 2026 Share Why Middle East…
45m ago Fighting intensifies in Yemen after Houthis expand control of key shipping lane The conflict in Yemen intensified on Sunday as government forces launched attacks against Iran-backed Houthi rebels along the Red Sea coast, and the Houthis fired into neighboring Saudi Arabia, which supports Yemen’s government. Yemen’s government vowed to send more forces…
