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October 8, 2026

Oil Prices Increase Due to Middle East Supply Worries

Hanoi:Middle East Oil prices experienced an increase as ongoing concerns regarding supplies from the critical Middle East region continued, with recent attacks on shipping in the Gulf and the Strait of Hormuz adding to the tension.

According to Qata…

Oman Crude Oil Price Sees Significant Increase

Hanoi:The official price of Oman crude oil for December delivery reached USD 111 per barrel on Thursday.

According to Qatar News Agency, this marks an increase of USD 5.02 compared to Wednesday’s price, which was USD 105.98 per barrel.

The monthly…

US Oil Inventories Decline by 3.2 Million Barrels

Washington:The US Energy Information Administration (EIA) reported a decline in oil and distillate inventories in the United States, while gasoline stocks saw an increase over the past week.

According to Qatar News Agency, the EIA stated that crude …

QatarEnergy Secures Exploration Blocks in Brazil’s Ceara Basin

Hanoi:Doha QatarEnergy, in collaboration with Petrobras, has secured seven exploration blocks in the Ceara Basin during the 6th Concession Open Acreage Bid Round hosted by Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP).

Accor…