China is seeking opinions from companies, business associations and local governments on proposed reciprocal tariff cut arrangements with the United States on about US$30 billion (RM122.6 billion) in trade,...
OIL prices rose for a fifth day on Thursday (Jul 23) on increasing concerns about supply availability amid attacks on tankers in the Red Sea by Yemen’s Houthis and...
According to commodity intelligence firm Kpler, crude processing at the 650,000-barrel-per-day refinery has fallen to between 350,000 and 400,000 barrels per day since July 10, prompting the firm to...
Asian refiners that had bet on a flood of crude supply from the Middle East in August are now faced with potential delays in deliveries amid the re-escalation of...
The funding, approved by the project’s Joint Management Committee, will support the next phase of the Definitive Feasibility Study and assess whether Lofdal can produce separate light and heavy...
Global stocks rose on Wednesday, lifted by energy shares, after crude prices hit six-week highs, while US equity futures fell ahead of key earnings from US Big Tech and...
The Xin Long Yang, Rodos and Amazon turned north towards Egypt’s Suez Canal on Tuesday, July 21, 2026, instead of continuing south past Yemen through the Bab el-Mandeb Strait....
The 650,000 barrels per day facility in Nigeria has received reduced crude oil supplies under the local currency crude sales agreement with the federal government, forcing management to ship...
Abu Dhabi’s national oil company ADNOC on Tuesday announced a $6.2 billion final investment decision to develop the Umm Shaif Gas Cap project in Abu Dhabi as part of...
A Kuwait-owned oil products tanker was struck by a projectile in the Strait of Hormuz near Oman as tensions escalate around the key shipping lanes of the Middle East,...