Saudi Arabia has increased its crude oil exports to 6 million barrels per day in September, matching its 2025 monthly average, despite closing the East-West pipeline due to a drone attack. The kingdom rerouted exports through the Strait of Hormuz, supported by a U.S. military shipping lane along Oman's coast, overcoming risks from Iran-backed militant attacks. This surge marks an 80% rise from August's 3.4 million barrels per day and signals growing confidence in using the Hormuz route. The East-West pipeline has reportedly restarted at low volumes, which may further stabilize exports going forward.
Saudi Arabia's crude oil exports have surged to 6 million barrels per day in September despite pipeline disruptions. For readers following the energy sector, here is Pluang's market snapshot as of Sep 26, 2026 00:31 WIB: out of 38 priced Energy-sector US stocks, 9 rose and 29 fell. Notable movers include Devon Energy Corp (DVN) at USD 47.13 with a 3.62% decline, Sunrun Inc (RUN) at USD 8.06 rising 3.60%, and First Solar, Inc. (FSLR) at USD 177.97 up 3.37%.
KLX Energy Services completed a rights offering raising $37.2 million by issuing nearly 25 million shares at $1.49 each. The proceeds will mainly support general corporate purposes and redeem $6.2 million of 2030 Notes debt. Additionally, a backstop ...
Ivanhoe Electric's Santa Cruz Copper Mining Project in Arizona has strong economic potential, according to a recent Preliminary Feasibility Study. The project requires $1.43 billion in initial capital and expects low operating costs of $1.47 per poun...
The JPMorgan Equity Premium Income ETF (JEPI) provides diversified exposure to large-cap U.S. stocks while generating consistent monthly income through a covered call overlay. Since its inception, JEPI has delivered double-digit annual net asset valu...
Disney's legal and government affairs division is set to become significantly smaller as part of a broad restructuring driven by technological changes and cost-cutting efforts. Chief legal officer Horacio Gutierrez warned staff that the department wi...
Fidelity's Fundamental Large Cap Growth ETF (FFLG) has outperformed the Vanguard Growth ETF in 2026 but lags behind Invesco QQQ. The fund is concentrated in AI chipmaker NVIDIA and search giant Alphabet, making its returns highly dependent on these t...
