Saudi Energy Minister Abdulaziz said at the World Petroleum Congress in Riyadh on Monday that Saudi Arabia is studying plans to raise pipeline export capacity to destinations beyond the Persian Gulf to about 10 mln bpd within two to three years to bo

2026-10-12

Saudi Energy Minister Abdulaziz said at the World Petroleum Congress in Riyadh on Monday that Saudi Arabia is studying plans to raise pipeline export capacity to destinations beyond the Persian Gulf to about 10 mln bpd within two to three years to bolster supply resilience after sustained Houthi attacks on energy and aviation infrastructure. Measures include upgrading pump stations on the East‑West pipeline and converting a gas pipeline to crude service. The converted gas line could deliver about 1.2 mln bpd within seven to eight weeks of conversion and, with further investment, could be expanded to roughly 3.0 mln bpd. He noted the East‑West pipeline has become a key export route since the outbreak of the US–Iran war.

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2026-10-12

On October 9th, the Buffett Index (CSI 300 market capitalization/GDP) rose slightly to 88.86%; the equity risk premium (ERP) of the CSI 300 Index, a stock-bond ratio indicator, fell to 5.89%, slightly below the key reference level of 6%. Overall, the

2026-10-12

Office of Canadian Prime Minister Carney said he spoke with U.S. President Trump.