Saudi Arabia's oil sector is poised for a strong recovery next year as export routes gradually normalise and crude production returns to pre-disruption levels, according to Riyad Capital, which forecasts oil-sector growth of 14.3% in 2027.
A Greek-operated oil tanker has sailed through the Strait of Hormuz with a 1 million barrels cargo of Saudi Arabian crude and its destination listed as India, reported Reuters citing the data from ship tracking platforms Kpler and Lloyd's List Intelligence.