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Crude oil rose past $105 per barrel on Tuesday, the highest in over four months, on mounting curbs to supply from the Middle East and fresh setbacks on Libyan output. Saudi Arabia closed its East-West pipeline following attacks from Iraqi territory. The strikes suspended activity in infrastructure that was allocating 7
Brent traded slightly lower around $95 a barrel on Friday but gained nearly 8% for the week. The move came as US-Iran strikes resumed and warnings over Iran’s infrastructure continued, while Iraq’s exports rose in August.
OPEC+ crude output averaged 37.66 million bpd in July 2026, up 1.42 million bpd from June
() -- The Tadawul All Share Index closed the first Sunday of July at 0.26% in the red as investors assessed the health of Saudi Arabia's non-oil private sector. The Riyad Bank Purchasing Managers' Index, a closely watched survey of the kingdom's business conditions, grew to 53.3 in June from 52.8 in May. Data showed an