Benchmarks, differentials, spreads and physical crude flows.
Higher freight costs, depleted supply buffers and fears of renewed fighting are sustaining the oil market’s war premium, according to OilPrice.com.
Newsdesk2 min readAggregated
Reports of attacks near Ras Tanura and a fall in US crude stocks supported prices, although major refinery disruption remained unverified.
Newsdesk2 min readAggregated
A larger-than-expected US inventory decline supported WTI buying as emergency reserve releases competed with shipping risks around Hormuz.
Newsdesk2 min readAggregated
Further emergency crude and fuel releases are raising questions about stock depletion as disruption at the Strait of Hormuz persists.
Newsdesk2 min readAggregated
Aramco is discussing offshore loading, shipping and pricing options with customers as wartime disruption reshapes Gulf crude exports.
Newsdesk2 min readAggregated
Crude prices rose as reported attacks disrupted Hormuz traffic and US Gulf of Mexico operators began shutting in output ahead of a potential hurricane.
Newsdesk1 min readAggregated
UANI tracking cited by gCaptain indicates offshore stocks are shrinking as the US blockade prevents fresh Iranian crude from reaching them.
Newsdesk2 min readAggregated
Closer cooperation with the energy agency comes as Nigeria increases oil output and pursues investment in renewables.
Newsdesk1 min readAggregated
The environmental research start-up plans further formulation work and testing after laboratory validation of two oil-spill treatment technologies.
Newsdesk1 min readPress release
Brent remained above its Monday level as concerns over Saudi exports outweighed reports of possible progress towards a US-Iran ceasefire.
Newsdesk1 min readAggregated
An S&P Global study points to a prolonged role for oil and gas as developing economies expand energy supplies alongside renewables.
Newsdesk2 min readAggregated
OilPrice.com reports that equipment shortages and grid limitations could hamper efforts to supply rising US data centre electricity demand.
Newsdesk2 min readAggregated
Seoul’s proposed energy security strategy combines supplier diversification with an increase in oil reserves following disruption at Hormuz.
Newsdesk1 min readAggregated
Crude production beat the Norwegian Offshore Directorate’s forecast, while gas output fell from July and missed expectations.
Newsdesk1 min readAggregated
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