Saudi Arabia regains position as world’s top oil exporter

Workers at an Aramco onshore rig. Saudi Arabia exported nearly 11 million barrels of oil per day in April. (Aramco)
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Updated 17 June 2020
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Saudi Arabia regains position as world’s top oil exporter

  • Kingdom knocks US off top spot it gained last year
  • IEA forecasts less dramatic fall in demand

DUBAI: Saudi Arabia has emerged from three months of oil market volatility as the world’s biggest oil exporter once more, knocking the US off the top slot it gained last year.

Industry experts calculated that in April — when oil prices crashed because of pandemic lockdowns — the Kingdom exported nearly 11 million barrels of oil per day, a record, and the US about 8.6 million barrels.

Both countries’ exports fell in May, after the historic OPEC+ deal to cut output, but the Kingdom was still ahead.

The trend is likely to continue for most of this year, as American production suffers from shut-ins and bankruptcies in its price-sensitive shale oil operations, despite continuing Saudi cuts.

“Over the course of the second quarter of 2020 as a whole Saudi Arabia ought to easily stay ahead of the chasing pack,” said the Middle East Economic Survey, which published the figures compiled by industry experts.

The US overtook Saudi Arabia as the world’s top exporter in the middle of last year. Since the price of the US benchmark, West Texas Intermediate, collapsed in April, many shale producers have cut back on their “rig count” and some have filed for bankruptcy.

Oil prices shrugged off weekend worries over a possible second wave of virus infection in China. Brent crude, the global benchmark, rose back above $40, while West Texas Intermediate stood at $37.

A report from the International Energy Agency forecast a less dramatic fall in 2020 oil demand than expected. Demand would be 91.7 million barrels per day, about 500,000 more than the agency’s previous forecast, but still the biggest fall in history. There would be no recovery in pre-pandemic air fuel demand until 2022 because of the “dire situation” in the aviation industry, the IEA said.

In China, oil demand had recovered fast in March and April, and Indian demand rose sharply in May. “While the oil market remains fragile, the recent modest recovery in prices suggests that the first half of 2020 is ending on a more optimistic note,” the agency said.

“Initiatives in the form of the OPEC+ agreement and the meeting of G20 energy ministers have made a major contribution to restoring stability to the market.”

The joint ministerial monitoring committee of the OPEC+ alliance meets at the end of this week to assess compliance with agreed cuts, amid some speculation that they could be extended for at least another month.


Earthquake hits upper parts of Pakistan, no losses reported

Updated 20 min 58 sec ago
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Earthquake hits upper parts of Pakistan, no losses reported

  • Tremors were felt in Islamabad, Rawalpindi, Lahore, Muzaffarabad, Peshawar and other cities at around 2am
  • The earthquake had its epicenter in Farkhār, Afghanistan at a depth of 122.6 kilometers, the USGS reported

ISLAMABAD: A 5-magnitude earthquake jolted parts of Pakistan and Afghanistan early Saturday, the United States Geological Survey (USGS) reported, with no loss of life or property reported in its wake.

Tremors were felt in several cities in the northern parts of Punjab province and the northwestern Khyber Pakhtunkhwa province as well as the federal capital of Islamabad.

The quake hit at 2:03am on Saturday, with its epicenter located in Farkhār, Afghanistan at a depth of 122.6 kilometers, the USGS reported.

“We were asleep when a sudden jolt woke us up around 2 in the morning,” Kanwal Khan, a resident of Islamabad, told Arab News on Saturday.

Tremors were felt in Rawalpindi, Lahore, Muzaffarabad, Peshawar, Mardan, Swabi and several other Pakistani cities.

“Reports of earthquake in different cities of Pakistan, including Lahore and capital Islamabad,” Dr. Ahmad Rehan Khan, a Pakistan X user, wrote in a post. “May God protect everyone.”

Several other people posted about the quake on X.

There was no immediate confirmation of any losses of life or property by authorities in the wake of the earthquake.


Minister urges swift launch of Pakistan’s first ferry service, licensing reforms

Updated 26 min 47 sec ago
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Minister urges swift launch of Pakistan’s first ferry service, licensing reforms

  • Pakistan has been mulling routes for a ferry service connecting its southwestern Gwadar port with the Gulf region
  • The country also plans to cut container dwell time at seaports by up to 70 percent to improve trade competitiveness

ISLAMABAD: Pakistan’s Maritime Affairs Minister Junaid Anwar Chaudhry on Friday called for a swift launch of the country’s first service, immediate reforms in licensing procedures and financial facilitation for operators to ensure affordable sea travel and boost maritime connectivity.

Pakistan has been mulling routes for a ferry service it plans to launch to connect its southwestern Gwadar port with the Gulf region, according to the country’s maritime affairs ministry.

Five privately-owned firms submitted their proposals, showing growing interest of the private sector, as officials reviewed technical and financial aspects of ferry operations last month.

Highlighting broader benefits of sea travel, Chaudhry pointed out that ferry services could provide an affordable and reliable travel solution for pilgrims aspiring to visit Iran and Iraq.

“Beyond tourism and business, this service can greatly facilitate religious travel. We can offer pilgrims a new, secure, and cost-efficient option for their journeys,” he was quoted as saying by his ministry.

“Every year, 700,000 to 1,000,000 Pakistani zaireen (pilgrims) travel to Iran and Iraq. If even 20 percent opt for ferries in the first three years, that’s 140,000 to 200,000 passengers annually, representing significant economic potential.”

The development comes amid Pakistan’s efforts to capitalize on its geostrategic location to boost transit trade as it slowly recovers from a macroeconomic crisis under a $7 billion International Monetary Fund (IMF) program.

The country also plans to cut container dwell time at its seaports by up to 70 percent to improve trade competitiveness and ease congestion, while it last month reduced port charges for exporters by 50 percent at the second largest Port Qasim.

During a briefing by Ports and Shipping Director-General Alia Shahid on Friday, Chaudhry directed digitization of the ferry licensing process and its integration into the Pakistan Single Window platform, similar to existing ship registrations, to remove bureaucratic bottlenecks.

He specifically ordered the reduction of the current six-month license issuance period to just one month.

“There’s no justification for a half-year delay. We must eliminate red tape and act decisively,” the minister said.

He called for exploring flexible financial models for ferry operators to attract private sector participation.

“We must assess whether a bank guarantee, insurance guarantee, or a hybrid model is most viable,” Chaudhry said. “Our aim is to support not hinder entrepreneurs who wish to invest in this sector.”

Pakistan is currently holding consultations with stakeholders, including private operators and regional maritime authorities, regarding the ferry service, according to the maritime affairs ministry.

A pilot launch is expected in the coming weeks after the finalization of feasibility studies and regulatory frameworks.

“If implemented effectively, this service could become a vital new transport link across the region,” Chaudhry added.


Indonesia’s Mount Lewotobi Laki Laki erupts again, spews giant ash plumes

Updated 57 min 36 sec ago
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Indonesia’s Mount Lewotobi Laki Laki erupts again, spews giant ash plumes

  • An avalanche of searing gas clouds mixed with rocks and lava travels up to 5 kilometers down the slopes of the mountain
  • Lewotobi Laki Laki, a 1,584-meter volcano on the remote island of Flores, has been at the highest alert level since it erupted on June 18

JAKARTA: Mount Lewotobi Laki Laki, one of Indonesia’s most active volcanoes, erupted for a second straight day, sending a column of volcanic materials and ash up to 18 kilometers into the sky early Saturday and blanketing villages with debris. No casualties were immediately reported.

Another eruption Friday evening had sent clouds of ash up to 10 kilometers high and had lit up the night sky with glowing lava and bolts of lightning. The two eruptions happened in a span of less than five hours.

Indonesia’s Geology Agency recorded an avalanche of searing gas clouds mixed with rocks and lava traveling up to 5 kilometers down the slopes of the mountain. Drone observations showed deep movement of magma, setting off tremors that registered on seismic monitors.

Volcanic material, including hot thumb-sized gravel, was thrown up to 8 kilometers from the crater, covering nearby villages and towns with thick volcanic residue, the agency said. It asked residents to be vigilant about heavy rainfall that could trigger lava flows in rivers originating from the volcano.

Saturday’s eruption was one of Indonesia’s largest since 2010 when Mount Merapi, the country’s most volatile volcano, erupted on the densely populated island of Java. That eruption killed more than 350 people and forced hundreds of thousands to evacuate.

It also came less than a month after a major eruption on July 7 forced the delay or cancelation of dozens of flights at Bali’s Ngurah Rai airport, and covered roads and rice fields with thick, gray mud and rocks.

Lewotobi Laki Laki, a 1,584-meter volcano on the remote island of Flores, has been at the highest alert level since it erupted on June 18, and an exclusion zone has been doubled to a 7-kilometer radius as eruptions became more frequent.

The Indonesian government has permanently relocated thousands of residents after a series of eruptions there killed nine people and destroyed thousands of homes in November.

Indonesia is an archipelago of more than 280 million people with frequent seismic activity. It has 120 active volcanoes and sits along the “Ring of Fire,” a horseshoe-shaped series of seismic fault lines encircling the Pacific Basin.


Three cars of a passenger train derail in Pakistan, injuring 27 people

Updated 02 August 2025
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Three cars of a passenger train derail in Pakistan, injuring 27 people

  • Emergency responders, paramedics were quickly dispatched to site, all injured were listed in stable condition
  • An investigation has been launched to determine the cause of the accident, railways spokesperson Babar Raza says

LAHORE: Three cars of a passenger train derailed near Lahore in eastern Pakistan on Friday, injuring at least 27 people, including women and children, officials said.

The Islamabad Express was en route to Lahore when three of its cars went off the tracks in the town of Kala Shah Kaku, railways spokesperson Babar Raza told reporters.

He said emergency responders and paramedics were quickly dispatched to the site, and all the injured were listed in stable condition.

Raza did not provide further details but said an investigation has been launched to determine the cause of the accident.

Train accidents are relatively common in Pakistan, where the railway system has suffered from decades of underinvestment, outdated tracks, and aging signal infrastructure.

In 2023, at least 30 people were killed when a passenger train derailed in the southern city of Nawabshah in Sindh province.


Police hunt for former US soldier suspected in Montana bar shooting that killed four

Updated 02 August 2025
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Police hunt for former US soldier suspected in Montana bar shooting that killed four

  • Officers search a mountainous area west of the small town of Anaconda for the 45-year-old suspect, Michael Paul Brown
  • As reports of the shooting spread through town, business owners locked their doors and sheltered inside with customers

A shooting at a Montana bar Friday left four people dead, and law enforcement officers were searching for a suspect described by his niece as a former US soldier who struggled to get help for mental health problems.

Officers searched a mountainous area west of the small town of Anaconda for the 45-year-old suspect, Michael Paul Brown. He lived next door to the site of the 10:30 a.m. shooting at the Owl Bar, according to public records and bar owner David Gwerder.

The bartender and three patrons were killed, said Gwerder, who was not there at the time. He believed the four victims were the only ones present during the shooting, and was not aware of any prior conflicts between them and Brown.

“He knew everybody that was in that bar. I guarantee you that,” Gwerder said. “He didn’t have any running dispute with any of them. I just think he snapped.”

Brown’s home was cleared by a SWAT team and he was last seen in the Stump Town area, just west of Anaconda, authorities said.

More than a dozen officers from local and state police converged on that area, locking it down so no one was allowed in or out. A helicopter also hovered over a nearby mountainside as officers moved among the trees, said Randy Clark, a retired police officer who lives there.

Brown was believed to be armed, the Montana Highway Patrol said in a statement.

Brown served in the US Army as an armor crewman from 2001 to 2005 and deployed to Iraq from early 2004 until March 2005, according to Lt. Col. Ruth Castro, an Army spokesperson. Brown was in the Montana National Guard from 2006 to March 2009, Castro said. He left military service in the rank of sergeant.

His niece, Clare Boyle, said on Friday that her uncle has been mentally sick for years and that she and other family members have tried repeatedly to seek help.

“This isn’t just a drunk/high man going wild,” she wrote in a Facebook message. “It’s a sick man who doesn’t know who he is sometimes and frequently doesn’t know where or when he is either.”

As reports of the shooting spread through town, business owners locked their doors and sheltered inside with customers.

Anaconda is about 120 kilometers southeast of Missoula in a valley hemmed in by mountains. A town of about 9,000 people, it was founded by copper barons who profited off nearby mines in the late 1800s. A smelter stack that’s no longer operational looms over the valley. The Montana Division of Criminal Investigation is leading the investigation into the shooting.

The owner of the Firefly Cafe in Anaconda said she locked up her business at about 11 a.m. Friday after getting alerted to the shooting by a friend.

“We are Montana, so guns are not new to us,” Cafe owner Barbie Nelson said. “For our town to be locked down, everybody’s pretty rattled.”