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Saudi oil fields are in the firing line as Gulf conflicts continue

6 hours ago DieselGasoil Comments Off on Saudi oil fields are in the firing line as Gulf conflicts continue
By Anthony DiPaola on 8/20/2019 DUBAI (Bloomberg) – Flaring tensions in the Persian Gulf have seen some of the world’s biggest crude deposits, along with processing and transport infrastructure and vessels, targeted by explosives-laden drones and bombings. The threats to the kingdom’s crude production and infrastructure shine a light on the risk to global oil Read More

Oil up after drone attack on Saudi field, but OPEC report caps gains

1 day ago DieselGasoil Comments Off on Oil up after drone attack on Saudi field, but OPEC report caps gains
LONDON (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for signs of progress in U.S.-China trade negotiations. FILE PHOTO: A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February 10, Read More

Iran warns US against seizing its tanker as tensions flare in Persian Gulf

1 day ago DieselGasoil Comments Off on Iran warns US against seizing its tanker as tensions flare in Persian Gulf
Iran cautioned the US against seizing its tanker Grace 1, which has been renamed Adrian Darya-1 and set sail from Gibraltar after more than a month of detention amid continued rising tensions in the Persian Gulf region. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Foreign ministry spokesperson Abbas Read More

Saudi oil field targeted by drone attack, production unaffected

1 day ago DieselGasoil Comments Off on Saudi oil field targeted by drone attack, production unaffected
By Javier Blas and Verity Ratcliffe on 8/19/2019 LONDON (Bloomberg) – Yemeni rebels attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia, but failed to disrupt production. Saudi Arabian Oil Co., or Aramco as the company is known, extinguished a small fire at a natural gas liquids plant at Shaybah on Read More

Oil rises as Saudi drone attack stokes export concerns

1 day ago DieselGasoil Comments Off on Oil rises as Saudi drone attack stokes export concerns
By Saket Sundria and Grant Smith on 8/19/2019 SINGAPORE (Bloomberg) – Oil rose for a second day as a drone attack on a Saudi Arabian oil field revived concerns that the tense Middle East political situation may jeopardize crude exports. Futures in New York advanced as much as 1.7% to trade above $55/bbl. Yemeni rebels Read More

Oil rises after drone attack on Saudi field

2 days ago DieselGasoil Comments Off on Oil rises after drone attack on Saudi field
LONDON/SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for signs that Sino-U.S. trade tensions could ease. FILE PHOTO: A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February 10, Read More

Oil prices climb after Saudi oilfield attack, but recession worries drag

2 days ago DieselGasoil Comments Off on Oil prices climb after Saudi oilfield attack, but recession worries drag
SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S. trade tensions could ease. FILE PHOTO: A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February Read More

Oil rises after Saudi oilfield attack, but recession worries cap gains

2 days ago DieselGasoil Comments Off on Oil rises after Saudi oilfield attack, but recession worries cap gains
SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists, although price gains were capped by an unusually downbeat OPEC report that stoked concerns about demand growth. FILE PHOTO: A pump jack operates in the Permian Basin oil and natural gas production area near Read More

What happened when she ‘supported’ Libya? Chinese media roasts Hillary Clinton over Hong Kong

4 days ago DieselGasoil Comments Off on What happened when she ‘supported’ Libya? Chinese media roasts Hillary Clinton over Hong Kong
A newspaper operated by China’s Communist Party pulled no punches on Hillary Clinton’s support for Hong Kong protesters, noting her role in past foreign policy debacles ranging from the Iraq War to US intervention in Libya. “@HillaryClinton has called for support of the rioters in Hong Kong. Let’s see what happened when she ‘supported’ Syria, Read More

40 civilians killed as Saudi-led coalition fights UAE-backed ex-allies in Yemeni port – UN

1 week ago DieselGasoil Comments Off on 40 civilians killed as Saudi-led coalition fights UAE-backed ex-allies in Yemeni port – UN
Scores of civilians have been killed or injured in the Yemeni port of Aden over the past few days, the UN has reported. The surge of violence came as the Saudi-led coalition fights for control against its UAE-backed former allies. As many as 40 civilians have been killed and 260 others injured in Aden, a Read More