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World has lost about 1 billion barrels of oil in two months- Aramco CEO

The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if flows resume, Saudi Aramco s CEO #8288;said on Sunday, as shipping disruptions choke traffic through the Strait of Hormuz. MORE..

10 May 2026 (8:42 PM)

Final rites of former SriLankan Airlines CEO Kapila Chandrasena held at Borella Cemetery

The final rites of former SriLankan Airlines Chief Executive Officer Kapila Chandrasena were conducted this evening (10) at the Borella General Cemetery. MORE..

10 May 2026 (6:48 PM)

Oil jumps as US and Iran disagree on peace proposal

Oil prices jumped $3 a barrel on Monday as the United States and Iran failed to agree to a peace proposal drafted by Washington while the Strait of Hormuz remained largely closed, keeping global energy supplies tight. MORE..

11 May 2026 (7:50 AM)

Resource : Ada Derana