In another blow to global oil markets, drones struck Saudi Arabia’s East-West oil pipeline last Thursday, prompting the kingdom to suspend operations. The 1,200km (746-mile) pipeline, which carries ...

A developing strong El Niño has the Pacific tropics in overdrive. EPAC Signals gives you the twice-weekly reality check — real human forecasters cutting through social hype and inflated surf forecasts ...

Energy Secretary Chris Wright told CNBC that the crude oil pipeline outage in Saudi Arabia "will be measured in days." But satellite imagery appears to show extensive damage to one of the pipeline's ...

All dates are local. At the completion of the Fiji Pro many surf fans were disappointed the tour was moving from honking Clou ...

Houthi rebels effectively completed a rapid push to take control of Yemen’s Red Sea coastline on Friday, tightening their grip on one of the world’s most important shipping routes and delivering a ...

Saudi Arabia’s East-West pipeline outage has removed a critical Hormuz bypass, with the system having carried roughly 4–5 million bpd before the attack. The damage is worse than initially thought, ...

DUBAI—Saudi Arabia shut down a crucial pipeline that allowed the kingdom to continue exporting crude oil after Iran closed the Strait of Hormuz, saying it had been attacked multiple times by drones ...

Saudi Arabia has shut down a key oil pipeline after it was attacked by drones from Iraq, as repercussions of the Iran war widen. The development is more bad news for the Saudi government after the ...

The producer price index, a measure of wholesale prices and a gauge of pipeline cost pressures, rose 0.4%, in line with expectations. Core PPI was up 0.2%, slightly softer than the forecast. On an ...

Prolonged restrictions on exports could push oil prices even higher. By Lisa Friedman Lisa Friedman is the energy correspondent in London. As Iran and its allies tightened their grip on shipping lanes ...

Saudi Arabia is running out of places to turn. The Strait of Hormuz, through which Saudi oil exports have traditionally passed, has been largely closed to shipping for months. The kingdom’s East-West ...