MHP SE reports Q2 and six-month 2026 results
The food and agri group said revenue rose 33% in Q2 to US$1,139 million and 32% in 6M to US$2,161 million. Net profit fell 35% in Q2 to US$28 million.
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S&P: Forecast 2027 Saudi oil production to rise, but, production will remain well below its reported highest-feasible production capacity of 12.3 MBPD.
S&P: Forecast 2027 Saudi oil production to rise, but, production will remain well below its reported highest-feasible production capacity of 12.3 MBPD.
EIA raises 2026 oil price outlook after Middle East output losses
The EIA now expects Brent crude to average about $91 a barrel in 2026 and WTI $84.65, both higher than its prior forecast. The agency said global oil stocks have fallen by an estimated 400 million barrels this year and cited reduced Middle East production and exports.