Oil

The Saudi-led coalition of aggression has resulted in the collapse of the health sector system in Yemen and the spread of the Coronavirus. However, it seems like it was not enough for them, so they continued their crimes by seizing the…

YemenExtra The Yemeni Petroleum Company (YPC) confirmed Yesterday, Tuesday, that the Saudi aggression forces are still holding 15 ships loaded with oil derivatives off Jizan port. The oil company stated in a statement that the detention…

YemenExtra The Minister of Foreign Affairs, Hisham Sharaf Abdullah, discussed with the Minister of Oil and Minerals, Ahmed Abdullah Daris, the implications of the continued siege by the Saudi coalition of aggression and its imprisonment of…

YemenExtra Saudi Arabia has directed national oil company Aramco to cut its crude oil production for June by an extra voluntary amount of 1 million barrels per day, on top of a reduction already committed by the kingdom under the OPEC+ cut…

YemenExtra The employees of the Yemeni Oil Company, its unions and their affiliated organizations held a protest today in front of the United Nations office in Sana'a, titled “Despite having detented food and fuel vessels, the month of…

YemenExtra Tension is taking over the governorates of eastern Yemen, which constitute a third of the country. Local, regional and international parties have been in conflict as they attempt to plunder wealth in the most important…

YemenExtra The employees of the Yemeni Oil Company, its unions and their affiliated organizations organized a protest today in front of the United Nations office in Sana'a, titled "The United Nations shall have no credit for releasing…

YemenExtra News reports stated that four Saudi tankers loaded with crude oil left Saudi Arabia in late March and are still stuck in the sea since April 1, off the coast of Egypt, Singapore and Malaysia without a final destination. The…

YemenExtra "We will study this," Trump told a news conference on Monday evening when asked if it was possible to stop buying oil from Riyadh. Trump added, "Yes, we are in a negative situation, but not for a long time. A lot of people…

YemenExtra The net financial assets of the six Gulf countries have fallen by about half a trillion dollars, according to a study conducted by the International Monetary Fund last month. Even if the peak demand for oil is not reached…