Middle East Oil, LNG Shipments Continue Despite Hormuz Tensions

Commodities: Oil Under Pressure Amid Rebound In Middle East Flows

Commodities: Oil Under Pressure Amid Rebound In Middle East Flows

European Union: Oil Flows from Middle East Recovering

European Union: Oil Flows from Middle East Recovering

Middle East Oil, LNG Exports Continue Despite Ship Attacks

Middle Eastern oil producers are continuing to load oil and liquefied natural gas (LNG) despite recent attacks on ships in the Strait of Hormuz and renewed tensions between the U. S. and Iran. Shipping data shows that energy shipping in the strait faced delays after attacks on a container ship and an oil tanker prompted [] The post Middle East Oil, LNG Exports Continue Despite Ship Attacks appeared first on Modern Diplomacy.

Oil Fluctuates After Second Day of US Strikes on Iran

Oil swung as traders assessed the outlook for Middle Eastern crude supplies after US forces conducted a second day of strikes against Iran. Vessel-tracking data on Thursday showed a drop-off in transits through the Strait of Hormuz. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)

Iraq Moves to Diversify Oil Exports via Syria Amid Hormuz Disruptions

Iraq is preparing to export crude oil and naphtha through Syrian ports after the Iran war disrupted its main Gulf shipping routes, according to Iraqi and Syrian energy officials and refinery sources, Reuters reported. The move expands an existing arrangement under which Iraq has been exporting fuel oil via Syria’s Mediterranean port of Baniyas following [] The post Iraq Moves to Diversify Oil Exports via Syria Amid Hormuz Disruptions first appeared on Egypt Oil Gas.

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil Market Calm Is Shattered by Fresh Hostilities

The latest cracks in the cease-fire between the United States and Iran have jolted an oil market that in recent weeks seemed to think durable peace between the countries was within reach. By midday Wednesday, international oil prices were approaching 80 a barrel, their highest level in weeks, after President Trump said the temporary truce []

Oil markets brace for more turbulence ahead amid geopolitical risks, supply-demand dynamics

BEIJING, July 10 (Xinhua) -- Middle East tensions flared anew on Wednesday, sending oil prices sharply higher after the U.S. military resumed strikes on Iran. Brent crude futures jumped more than 5 percent, nearing 80 U.S. dollars a barrel.Investors were quick to price in the risk of further supply disruptions through the Strait of Hormuz, one of the world's most important energy shipping routes, though analysts

Sanctions Lifted: Iran Selling Oil 20% More Expensive — Ghalibaf

Iranian Parliament Speaker and chief negotiator Mohammad Bagher Ghalibaf has confirmed that oil exports are flowing again following the lifting of sanctions, with Tehran selling crude at prices 20 higher than before.

The Commodities Feed: Oil bounces on Persian Gulf re-escalation

ASIA/PACIFIC: Re-escalation in the Persian Gulf has reignited supply concerns, pushing oil prices higher amid questions about the direction of US-Iran peace talks

Asian refiners see little room for Iranian oil, leaving China as key buyer after US waiver

Hit by supply disruptions due to the blockade of the Strait of Hormuz since March, Asian refiners have been aggressively buying oil ‌from the US, Russia, Africa and Latin America

Margareta Dovgal: How Canada can win by giving Trump what he wants

Conceding on supply management and streaming, while leveraging oil and gas is how to get through trade negotiations

Saudi Arabia sent largest oil shipment in four months through Hormuz

This indicates an increase in Saudi Arabia's oil exports after the United States and Iran agreed in June to resume maritime transit through the Strait of Hormuz, Bloomberg said

Libya : Major oil companies grapple with confusion over concession contracts

The process of granting new operating licences is already proving to be a challenge for National Oil Corp (NOC). Although the Libyan company announced it had ratified agreements on 15 June with Italy's ENI, Spain's Repsol, Qatar's QatarEnergy, Turkey's Turkish [...]

India eyes further oil exploration after Iran war shortages

Hit by the biggest energy supply shock in decades during the Middle East war, import-dependent India is expanding domestic crude exploration, its oil minister says. India, the world’s third-largest importer of oil and the second-largest buyer of liquefied petroleum gas, faced major disruptions due to restrictions on the Strait of Hormuz during the conflict between the United States and Iran. With a temporary US-Iran deal in place to pause hostilities, oil and gas shipments are flowing through...

Why fuel prices haven’t fallen yet despite falling global oil prices

Fuel prices in Ghana are once again caught between global oil swings and the structure of domestic pricing. Crude markets have eased, but pump prices have not yet caught up. Earlier in the year, before tensions between Iran, Israel and the United States escalated, Ghanaian consumers were briefly seeing relief. Petrol was selling at about []

Hormuz: China Oil Demand Tapped out, Heavy Truck EVs Rise

If the country stops needing to use diesel for trucks, that is game over for petroleum

Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat

PETALING JAYA: Harga minyak mentah jatuh ke paras sebelum krisis dan trend tersebut dijangka berterusan dalam tempoh terdekat susulan langkah pengurusan risiko pasaran yang proaktif serta pemulihan pantas rantaian bekalan dari Asia Barat. Kontrak niaga hadapan minyak mentah Brent kini menghampiri paras AS72 setong, manakala penanda aras Amerika Syarikat (AS), West Texas Intermediate (WTI) berada ... Read more The post Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat appeared first on Utusan Malaysia.

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt

ALBAWABA- Major Gulf oil producers are rapidly ramping up crude exports as regional shipping routes recover, with Saudi Arabia restarting loadings at its critical Ras Tanura terminal after a nearly four-month suspension, while Kuwait and Qatar also boost output amid improving security conditions in the Strait of Hormuz...

Fuel imports near Rs. 300B by mid-June

Kathmandu, June 27: The country imported petroleum products worth nearly Rs. 300 billion during the first 11 months of t...

Oil Prices Climb As Renewed US-Iran Tensions Raise Supply Concerns

Escalating hostilities between the US and Iran fuel concerns over oil supplies through the Strait of Hormuz.

Pakistan Welcomes Progress in U.S.-Iran Talks

U.S. Vice President said that crude oil and natural gas are flowing through the Strait of Hormuz. On Monday, Pakistan’s Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar welcomed the progress achieved during high-level technical talks between the United States and Iran in Burgenstock, Switzerland, reaffirming Pakistan’s commitment to facilitating dialogue. RELATED: Iran Walks []

Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial

Crude Oil WTI is trading around 70.77 (-0.9) in early Asian hours, while Brent is hovering near 73.75 (-0.4), as easing geopolitical tensions between the U.S. and Iran continue to weigh on crude prices. Markets have largely priced in the prospect of renewed diplomacy after both sides agreed to halt attacks and resume technical talks [] The post Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial appeared first on Middle East News 247.

US forces helped over 800 vessels transit Strait of Hormuz since May: CENTCOM

More than 380 million barrels of crude oil also moved through corridor with US assistance, says US Central Command

Could oil prices spike further? Inside the fragile US-Iran stance in the Gulf

Geopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its strategic influence over the Strait of Hormuz. Gulf nations are remaining cautious to avoid direct involvement in the confrontation. Crude oil prices are expected to remain elevated due to ongoing geopolitical risks. India, a major oil importer, faces increased vulnerability from these market developments.

UAE Oil Exports Near 2017 Highs as OPEC Exit and Postwar Rebound Test Global Markets

UAE crude exports surged 30 to nearly 3.9 million barrels per day in June, approaching highs not seen since 2017, as the Emirates leverages its Hormuz bypass infrastructure and its May exit from OPEC. Goldman Sachs now warns the Gulf's recovery pace risks flooding markets just as Brent slides toward 70.

Oil, gas tankers cross Hormuz via Oman-side route after U-turns

The oil market is fixated on what's moving through Hormuz and how, as ships try to avoid Iran's military as they come and go.

U.S. Warns EU of Potential LNG Supply Diversion Over Methane Rules

(NaturalNews) Energy Secretary Says U.S. Exports Could âœFlow Somewhere ElseâU.S. Energy Secretary Chris Wright warned that American liquefied natural gas (LNG...

30 vessels to arrive Lagos ports with petroleum products, other items

The Nigerian Ports Authority (NPA) says 33 ships carrying petroleum products, food items, and other goods are expected at Apapa, Lekki Deep Sea Port, and Tin Can Island Port in Lagos. The post 30 vessels to arrive Lagos ports with petroleum products, other items appeared first on Vanguard News.

Middle East tensions threaten to push oil prices beyond current range, Eni CEO says

Milan, July 11 (SANA) Continued tensions in the Middle East could push global oil prices beyond their current range of 80 to 100 per barrel by the first quarter of 2027, Eni CEO Claudio Descalzi said, warning that prolonged regional conflicts are increasing pressure on energy markets. Speaking to Reuters on Saturday, Descalzi said withdrawals []

Iran strikes three ships in Strait of Hormuz

Tensions are rising in the Middle East after Iran reportedly struck three tankers in the Strait of Hormuz within 24 hours. The US has revoked Iran's authorisation to produce and export oil following the attacks. The attacks threaten to derail negotiations aimed at ending the US-Iran conflict. They also risk collapsing a recent agreement under which Iran pledged to halt attacks in the strategic waterway.

The future of oil prices may depend on China

As the US and Iran hammer out how to permanently reopen the Strait of Hormuz and restart the flow of Middle Eastern oil, the market’s next move may depend on one country absent from the negotiations: China. The world’s second-largest consumer of crude oil, China, has pulled out all the stops to preserve supplies as The post The future of oil prices may depend on China appeared first on Egypt Independent.