Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle Eastern ...
KUALA LUMPUR (Reuters) -Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, ...
The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand, adding to ...
Immediately after Israel attacked Iran earlier this month, crude oil prices spiked up — exactly like you'd expect with a war that threatens oil supplies. The price increase was substantial: 7% within ...
While Middle East tensions are driving near-term market volatility, this focus is likely to be temporary as attention soon returns to major July and August policy decisions. The price of oil serves as ...
Unsold Middle Eastern crude cargoes from the recently wrapped up trading cycle are pointing to early signs that an expected global oil surplus could be starting to emerge. The volume of unsold oil set ...
Israeli airstrikes in Lebanon this week have killed about 550 people. Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the potential ...
Escalating tensions between Iran and Israel have reignited concerns about global energy and input flows through the Middle East, placing renewed geopolitical stress on one of the world’s most critical ...
Arabian Gulf Business Insight on MSNOpinion

Oil built the modern Middle East. Where is it’s museum?

Chief, rounded off a recent magisterial survey of the great museums of the Middle East with a call for a museum of oil. Now I ...
Oil rallied almost 3% on Tuesday morning as tensions in the Middle East continue to escalate. Will Israel Strike Iran’s Upstream Infrastructure? - As the Israel-Iran war shows no signs of abating, ...
Geopolitical tensions in the Middle East could drive oil prices as high as $120 per barrel according to JP Morgan, benefiting Exxon Mobil's earnings outlook. Applying the Graham Number, Exxon Mobil's ...