Trump Threatens “Tremendous” Consequences for Countries Helping Iran
President Trump has threatened severe economic consequences for countries and entities helping Iran, potentially putting China and its purchases of Iranian oil
Has Iranian Crude Become Irrelevant to Global Oil Supply?
A renewed U.S. naval blockade has largely halted Iranian crude exports while extreme diesel-market tightness suggests oil prices may still be underpricing the d
Middle East Oil Crisis Sends Supertanker Prices to Record Highs
Middle Eastern oil producers are scrambling to secure their own shipping capacity as the Strait of Hormuz crisis drives tanker prices and charter rates to recor
Elevated Oil Prices Push Japan’s Imports to an All-Time High
Japan’s import bill hit a record high in July as elevated oil prices and costly efforts to diversify crude supplies sharply increased energy costs.
Chinese Refiners Snap Up Iraqi Oil as Gulf Supply Routes Fracture
Chinese refiners are increasing purchases of Iraqi crude as disruptions at the Strait of Hormuz and in the Red Sea complicate traditional Gulf oil supplies to A
World’s Largest Electric Plane Flies for 27 Minutes on $5 of Power
Heart Aerospace's 25,000-pound X1 flew 27 minutes on $5 of power, the largest electric aircraft yet, as it develops the ES-30 airliner.
Saudi Aramco Gives Full September Oil Allocations to 3 European Refiners
Aramco will supply full September crude volumes to three European refiners via Egypt, Saudi Arabia and Malta as war disrupts shipping routes.
Fire Breaks Out at Rosneft-Owned Refinery After Ukrainian Drone Strike
A Ukrainian drone strike sparked a fire at a Bashneft refinery in Russia's Bashkortostan region as Kyiv widens its energy campaign.
Акции дистиллятов продолжают падать, поскольку запасы сырой нефти в США практически не меняются
По оценкам Американского института нефти (API), запасы сырой нефти в США упали на 328 000 баррелей за неделю, закончившуюся 14 августа.
Aramco возвращает VLCC в Ормуз после трехнедельной паузы
Saudi Aramco возобновила отгрузку сырой нефти со своих терминалов Рас-Танура и Джуайма в проливе на прошлой неделе, положив конец трехнедельному перерыву в…