Monday, March 23, 2026

Attacks on Saudi Aramco have no impact on IPO plans: CEO

Source: Reuters LONDON (Reuters) – Saudi Aramco’s chief executive said on Wednesday there would be no impact on the stock market listing plans of the state oil giant after attacks on its installations last month, which he blamed on Iran. Attacks such as those on Sept. 14, which sent oil prices up as much as 20%, may continue if there

U.S. sanctions hit global oil fleet as traders shun nearly 300 tankers

Source: Reuters MEXICO CITY/SINGAPORE (Reuters) – Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new highs, industry sources said. The move has taken roughly 3% of the global oil tanker fleet out of the market, according to industry sources and data on Refinitiv Eikon,

U.S. Rig Count halts slide; up 1 to 856 rigs - oil and gas 360

U.S. Rig Count halts slide; up 1 to 856 rigs

This week’s Baker Hughes rig count shows that U.S. numbers increased by 1, resulting in the total count increasing to 856, ending seven straight declines. Canada increased over last week by 2 rigs, resulting in a total count of 146. Breakdown by region Of the regions tracked by Baker Hughes, only two regions saw an increase; the Permian basin saw

Oil climbs to $60 as Iran tanker attack reignites Mideast risk

Source: Houston Chronicle Oil jumped to $60 a barrel after reports of missile strikes on an Iranian tanker off the coast of Saudi Arabia reignited fears over military escalation in the world’s most important crude-producing region. Brent futures surged about $1 a barrel after the Islamic Republic News Agency reported a National Iranian Tanker Company tanker caught fire after a