Tuesday, September 15 2026

Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concerns
Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and cast doubt on efforts to ease ​shipping risks in the Gulf. Brent crude futures rose $1.24, or 1.18%, to $106.93 a barrel at ‌0026 GMT, after climbing 1% previously, while US West Texas Intermediate futures were up $1.29, or 1.24%, at $102.65 a barrel, after gaining 1.3% in the previous session.
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Monday, September 14 2026

Oil prices up over 3% following new strikes on Saudi, Strait of Hormuz
Oil prices rose more than 3% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline. Brent crude futures rose $3.21, or 3.1%, to $107.82 per barrel as of 0340 GMT. WTI futures gained $3.17, or 3.2%, to $103.22 per barrel. “This follows a step-up in attacks on Saudi Arabian energy infrastructure, including targeting the crucial east-west pipeline,” said ING commodity strategists, although noting that it was unclear how severe any potential damage was or how long the pipeline would be out of action.
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Friday, September 11 2026

Oil prices set to end week over $100 for first time in nearly 4 months
Oil prices rose on Friday and both major benchmarks are on track to end the week at over $100 a barrel for the first time since mid-May, as ​increasing attacks along key shipping routes in the Middle East fuel fears of a prolonged ‌disruption to supplies. Brent crude futures rose $1.05, or 1%, to $108.68 a barrel by 0045 GMT. US West Texas Intermediate crude rose 95 cents, also 1%, to $103.45 a barrel. Both benchmarks rose over 6% on Thursday.
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Wednesday, September 09 2026

OGDC, MARI bring Lundali-1 gas well online
Lundali-1 well in Sindh’s Sukhpur-II Block has commenced gas production at 10 million standard cubic feet per day (MMscfd), with first gas achieved on September 06, 2026, adding fresh indigenous gas to Pakistan’s energy supply. The development was disclosed separately by Oil and Gas Development Company Limited (PSX: OGDC) and Mari Energies Limited (PSX: MARI) to the Pakistan Stock Exchange (PSX) on Wednesday. The well is currently producing 10 million standard cubic feet per day (MMscfd) of gas at a wellhead pressure of 2,000 pounds per square inch (psi), with the produced gas being supplied to Sui Southern Gas Company Limited (SSGC).
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Oil nears $100 as fresh Middle East strikes raise supply risks
Oil prices rose for the fourth straight session, gaining more than $1 ​in early trade on Wednesday after renewed attacks across ‌the Middle East heightened worries about supply disruptions. Brent crude futures rose 1.4%, to $99.33 a barrel, while US West Texas Intermediate crude was at $94.34 ​a barrel, up 1.4%. Brent crude prices have jumped by ​a quarter since early August as hopes for a ⁠permanent resolution to the six-month-old war faded and as fighting flared ​again, with prices fast approaching the key $100-a-barrel mark.
Related news categories: business misc oilgas-exploration oilgas-marketing