Tuesday , 10 February 2026

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Aramco fully restores oil output

Bloomberg Saudi Aramco is producing more than 9.9 million barrels a day of crude as it fully recovers from the worst-ever attacks on its energy infrastructure. Output reached that level on September 25 and is a “little bit” higher now, Ibrahim Al-Buainain, chief executive officer of state-owned Aramco’s energy trading unit, said. Saudi Arabia has also restored some spare capacity …

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Petronas to hold IPO for S African unit Engen in 2020

Bloomberg Petroliam Nasional BHd and its South African partners plan to conduct an initial public offering in their fuel retailer Engen to fund the upgrade of a refinery in the coastal city of Durban and to expand its network of gas stations. A yet to be decided amount of shares in the company, which is South Africa’s biggest fuel retailer, …

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Stocks decline, Treasuries advance after weak data

Bloomberg US stocks fell, while Treasuries rose after a key gauge of manufacturing posted the weakest reading since the end of the last recession. Gold turned higher along with the yen. The S&P 500 declined for the third time in four sessions, erasing an earlier advance more than 0.5 percent, after the Institute for Supply Management’s factory index slipped to …

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