Saudi Arabia has stopped supply of oil to Pakistan since May as a deal signed between the two close allies for provision of USD 3.2 billion worth of the fuel under the arrangement expired two months ago.

Saudi stops supply of oil to Pakistan after deferred payments deal expires

OPEC's share of India's oil imports fell to 73 per cent in October, its lowest monthly share since at least 2011, tanker data from sources showed, as refiners shipped in fuel from the United States and other suppliers.

OPEC's share of indian oil imports fell down 43% , lowest since 2011

Neither Saudi Arabia nor the United States is rushing to retaliate for a brazen, allegedly Iranian attack that severely damaged two of the kingdom’s key oil facilities.

Saudi oil attacks put US commitments to the test

Oil shed some of its massive gains on Tuesday (September 17) as the United States flagged the possible release of crude reserves, but the threat of military action over the attacks on Saudi oil facilities kept prices elevated and stocks under pressure.

Oil falls more than 1% as market awaits response to Saudi oil attacks

Known for acting on impulse, President Donald Trump has adopted an uncharacteristically go-slow approach over whether to hold Iran responsible for attacks on Saudi oil facilities, showing little enthusiasm for confrontation as he seeks re-election next year.

Wary of conflict with Iran, Trump takes go-slow approach to attack on Saudi oil

Asian equities were mixed Wednesday, with attention turning to the Federal Reserve's key policy decision later in the day, while investors remain on alert for developments in the Middle East after the attack on Saudi oil facilities rocked markets.

Asian markets mixed ahead of key Fed meeting, oil drops again

China's Foreign Ministry said on Monday it was irresponsible to blame anyone for the attack on Saudi Arabia's oil facilities without conclusive facts. Foreign Ministry spokeswoman Hua Chunying, speaking at a daily news briefing in Beijing, added that China hoped all parties would exercise self-restraint.

China says can't apportion blame for Saudi attack without facts

Iraq denied on Sunday that its territory had been used to carry out attacks on oil facilities in Saudi Arabia, referring to an incident that knocked out more than half the Kingdom's output.

Iraq denies its territory was used to launch attack on Saudi oil facilities

WION exclusively in conversation with political analyst Waiel Awwad. Watch video to know more.

WION exclusively in conversation with political analyst Waiel Awwad

Saudi Arabia's new energy minister Prince Abdulaziz bin Salman on Monday reportedly endorsed curbing oil output to address an oversupply, as major producing nations prepare to deliberate fresh cuts.

New Saudi Arabia oil minister Prince Abdulaziz bin Salman endorses production cuts

Iran’s OPEC governor, Hossein Kazempour Ardebili, was responding to news that the US government had unofficially asked Saudi Arabia and some other OPEC producers to raise output

Iran slams US for seeking Saudi oil output hike, says OPEC won’t comply

Iran does not support the relentless rise in crude prices.

Ahead of US decision on Iran deal, a look at Gulf oil diplomacy

Riyadh slashed spending on infrastructure and perks for civil servants to get its finances under control

Saudi Arabia cuts huge budget deficit despite low oil prices

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