Energy
Saudi crown prince seeks Egypt’s backing as Houthi attacks rattle Red Sea oil routes - AP News
Saudi crown prince seeks Egypt’s backing as Houthi attacks rattle Red Sea oil routes - AP News
Energy
Energy
ADNOC Scoops Up Iraqi Crude at $25 Per Barrel Discount
ADNOC is buying tens of millions of barrels of deeply discounted Iraqi crude, processing much of it at home and freeing more of its own barrels for export through a route that avoids the Strait of Hormuz. The UAE producer agreed to buy 32 million barrels of Iraqi crude for August at discounts of $24
Energy
Saudi Oil Crisis Deepens as Aramco Suspends Yanbu Loadings
Saudi Arabia suspends Yanbu oil loadings after halting its East-West pipeline, sending Brent back to $108. Asia’s Oil Crunch Sends Regional Benchmarks to Record Highs - Asia’s oil industry is facing a double whammy of supply shortages and better-than-expected demand, with crude differentials across
Energy
Saudi Arabia may be just days away from not being able to export much oil - MarketWatch
Saudi Arabia may be just days away from not being able to export much oil - MarketWatch
Energy
China’s Yuan Crude Oil Futures Jump to Record High
The yuan-denominated crude oil futures trading in China hit this week their highest level since the contract was launched in 2018 as escalating threats to Middle East’s oil supply and increased purchases by Chinese refiners push prices higher. Launched in March 2018, the INE crude oil futures contra
Energy
Benchmark US government bond yield hits 19-year peak as oil prices surge - Al Jazeera
Benchmark US government bond yield hits 19-year peak as oil prices surge - Al Jazeera
Energy
Saudi Oil Output Slumps as Iran War, Houthi Threats Disrupt Vital Export Routes - WSJ
Saudi Oil Output Slumps as Iran War, Houthi Threats Disrupt Vital Export Routes - WSJ
Energy
Saudi pipeline hit by drones will be out of service for weeks, further restricting oil flow - apnews.com
Saudi pipeline hit by drones will be out of service for weeks, further restricting oil flow - apnews.com
Energy
Record Freight Costs Squeeze Russia's Black Sea Crude Exports
Heightened shipping threats from Ukrainian attacks and a shortage of tankers have pushed the freight costs for Russia’s crude oil exports from the Black Sea to record highs. In the week to September 6, the key tanker rate for shipping crude oil on an Aframax from the Black Sea port of Novorossiysk t
Energy
Oil Prices Rise as Saudi East-West Pipeline Attack Threatens Export Routes - WSJ
Oil Prices Rise as Saudi East-West Pipeline Attack Threatens Export Routes - WSJ
Energy
Brent at $108: Gulf States Halt Hormuz Talks as Houthis Strike Saudi Airbase
Gulf states called off Monday's planned meeting with Iran on reopening the Strait of Hormuz the same day Yemen's Houthis fired dozens of missiles and drones at Saudi Arabia's King Khalid airbase in Khamis Mushait, calling it retaliation for more than 300 Saudi airstrikes on Yemen in five days. A Fri
Energy
Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline - The Guardian
Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline - The Guardian