Geopolitics

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Saudi Reroutes Millions of Barrels Through Egypt's SUMED to Avoid Red Sea Attacks

It reduces Saudi exposure to Red Sea strikes at the cost of much longer, more expensive voyages to Asian buyers.

Russia's Oil Output Tops 9 Million Barrels a Day in July

US Backs Revival of Kirkuk–Baniyas Pipeline

UAE Quits OPEC, Testing Gulf Unity and Oil Price Discipline

Saudi Restores East–West Pipeline to 7 Million bpd and Recovers Manifa Output After Attacks

Chevron Sets 52-Week High as Oil Shock Pushes Investors Toward Safer Energy

OPEC+ Approves Unprecedented 548,000 BPD August Output Hike

Oil Prices Head for Weekly Gain as Trade Optimism Offsets Supply Risks

Oil prices slip as OPEC+ output climbs and U.S. fuel stocks surge