… The Houthis attacked an administrative building belonging to state-owned oil firm Saudi Aramco in the city of Dhahran, causing a limited fire, Saudi Arabia’s energy ministry said on Wednesday. …
Nigeria’s Dangote Petroleum Refinery is using Saudi Aramco’s blockbuster listing as a benchmark for its own IPO in terms of retail subscribers, Chief Executive David Bird said on Tuesday. …
… Tim Waterer, chief analyst at KCM Trade. “That combination is enough to subdue prices for now even though the risks of further damage to energy infrastructure around the Gulf region haven’t gone away.” The Houthis said they launched ballistic missiles and drones at Saudi Aramco …
… The attacks by the Houthis on Saudi Aramco’s East-West pipeline have prompted the state energy firm to increase exports through the Strait of Hormuz this month and next after halting some shipments via Yanbu. …
… Both contracts gained more than 5% last week following attacks on tankers operated by Abu Dhabi National Oil Company in the Hormuz strait and on a Saudi Aramco refinery. …
… nded, between the U.S. and Iran over what any agreement would actually look like,” said Tim Waterer, chief market analyst at KCM Trade. “As a result, some of the optimism that built up last week is being unwound, giving oil prices a decidedly bid tone.” Meanwhile, Saudi Aramco …
… Also, at least five supertankers carrying a total of 10 million barrels of Saudi oil have exited the Strait of Hormuz, with Saudi Aramco switching to spot pricing to speed sales in Asia, according to trade sources and shipping data. …
… On June 12, 2026, the long-awaited SpaceX IPO on the NASDAQ placed its valuation at $1.8Trillion raising $86Billion under the ticker SPCX – the largest in history after Saudi Aramco. …
… Mr Manteaw pointed to examples such as BP in the United Kingdom, ExxonMobil in the United States, Petronas in Malaysia and Saudi Aramco in Saudi Arabia as companies that have enabled their countries to retain substantial value from natural resources. …
Oil prices climbed on Wednesday as traders weighed supply risk from Houthi attacks on Saudi Arabia against prospects of increased Russian diesel exports. Brent crude futures rose 0.8% to $106.58 a barrel, while US West Texas Intermediate gained 0.9% to $94.94 a barrel.
Oil prices climbed on Wednesday as traders weighed supply risk from Houthi attacks on Saudi Arabia against prospects of increased Russian diesel exports. Brent crude futures rose 0.8% to $106.58 a barrel, while US West Texas Intermediate gained 0.9% to $94.94 a barrel.
Nigeria's Dangote Petroleum Refinery is targeting 10 million retail investors for its planned IPO, using Saudi Aramco's 2019 listing (which had over 4.5 million retail subscribers) as a benchmark, CEO David Bird said at the Fujairah Energy Markets Forum.
Brent crude fell 0.65% to $101.59 a barrel and US WTI dropped 1.03% to $90.12 as the Group of Seven agreed Friday to release 100 million barrels of diesel and crude from emergency reserves, while Middle East crude exports rose above pre-war levels in four of the final seven days of September.
Oil prices hit their lowest in over a week on Monday as investors bet on potential diplomacy between the US and Iran during a UN meeting this week, though the two countries exchanged threats on Sunday. Brent crude fell to $101.71 a barrel and US West Texas Intermediate dropped to $98.15 a barrel, breaking below the $100 psychological support level.
Brent crude rose to $89.40 per barrel and West Texas Intermediate crude to $82.83 as US-Iran peace talks stalled and tanker traffic through the Strait of Hormuz slowed following attacks on vessels and infrastructure. Both contracts gained more than 5% the previous week following attacks on tankers operated by Abu Dhabi National Oil Company and a Saudi Aramco refinery.
Oil prices held at one-week highs on Tuesday as hopes for a US-Iran peace deal dimmed following President Trump's demands for compensation, with Brent crude at $87.81 a barrel and U.S. West Texas Intermediate at $82.20. Saudi Aramco has postponed the restart of its Jazan refinery to August 30 after the Houthis claimed attacks on the plant.
Brent crude and West Texas Intermediate rose slightly on Friday before a long U.S. holiday weekend, as wary optimism held over peace efforts between the United States and Iran in the Middle East. Shipping has partially resumed through the Strait of Hormuz, and Gulf producers are ramping up production following an initial deal between the two countries.
Family Bank plc listed on the Nairobi Stock Exchange on June 23, 2026, with shares jumping 44.44% on the first trading day from an introductory price of KSh 18.00 to KSh 26.00, the largest primary listing from a homegrown financial institution in over 17 years. The listing occurs amid a broader IPO surge across Africa, with Ethiopia's Abay Bank also listing on the Ethiopian Securities Exchange in late June.
Elon Musk's SpaceX has announced a suggested share price of $135 in advance of its planned initial public offering, valuing the company at approximately $1.75tn and aiming to raise $75bn—which would be a record for an IPO if achieved.
Policy analyst Steve Manteaw cautioned against using public sentiment as the sole basis for handing mines to Ghanaians, noting that while widespread perception suggests Ghana retains only about five per cent of mining sector value, such figures are inaccurate and policy should be guided by sound analysis rather than emotion.