Saudi Oil Export

Saudi Oil Export

A satellite image shows smoke coming out of an oil facility, as Yemen's Iran-aligned Houthis said on Monday they targeted a number of sensitive crude oil supply and transport sites, according to a statement by the group's military spokesperson Yahya Sare, in Abqaiq, Saudi Arabia July 27, 2026. Photo: Courtesy European Union/Copernicus Sentinel-2/Handout via REUTERS

Saudi Arabia is running out of options to export oil. What does that mean for global energy?

The disruptions have added pressure to global oil markets, with crude prices trading above $105 a barrel after reaching $110 a barrel on Monday

Photo: Reuters

US not expecting Saudi Arabia to immediately boost oil production

General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Photo :Reuters

Saudi Arabia may raise April crude prices to Asia to all-time highs

FILE PHOTO: General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah

Saudi Arabia's oil exports plunge $11 billion in first quarter