Thursday, January 9, 2025
Oil rises nearly 2% on U.S. vaccine rollout, Middle East tension- oil and gas 360

Oil rises nearly 2% on U.S. vaccine rollout, Middle East tension

Reuters NEW YORK – Oil prices rose nearly 2% on Monday on optimism over the pace of coronavirus vaccinations in the United States and after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites. Crude prices have remained rangebound in the past three weeks, as growing expectations of surging U.S. economic activity are balanced by the slow

Saudi Aramco says domestic supplies unaffected by attack on Jeddah plant- oil and gas 360

Saudi Aramco says domestic supplies unaffected by attack on Jeddah plant

Reuters JEDDAH  – Saudi Aramco said on Tuesday its domestic fuel supplies had not been affected by an attack the previous day by Yemen’s Houthi group on a petroleum products distribution plant in Jeddah, with operations resuming three hours after the event. The Iran-aligned Houthi forces said on Monday they had fired a missile at and struck Aramco’s North Jeddah

Yemen's Houthis say they fired at Aramco, other Saudi targets- oil and gas 360

Yemen’s Houthis say they fired at Aramco, other Saudi targets

Reuters DUBAI – Yemen’s Iran-aligned Houthi movement said on Wednesday it had fired rocket and drone strikes at Saudi targets including Aramco oil facilities, the group’s first claim of such attacks since it offered to halt them four months ago. Few details were given of the precise nature and timing of the attacks, and there was no immediate confirmation from