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GULF OIL EXPORTS
Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...- Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
- Iranian official says 'illegal routes' in Strait of Hormuz to soon be blockedIran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...
- Tanker attacks in Hormuz hit highest of any week since start of US-Iran warAttacks on tankers in the Strait of Hormuz reached unprecedented levels during the week of September 28 to October 5. There were at least 1...
- India’s diesel exports hit 1-year high in September as record margins drive Europe shipmentsIndia’s diesel exports rose to a one-year high of about 620,000 barrels per day in September as record refining margins encouraged refiners...
- EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
- From just-in-time to just-in-case: oil executives say world needs more export routesThe ongoing disruptions from the Iran conflict are reshaping energy supply chain strategies. TotalEnergies and BP are actively seeking alte...
- Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
- US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...
- Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
- Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
- Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edgeBrent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 ...
- Oil prices slip as traders weigh strong Mideast exports against Gulf tensionsOil prices slipped as a result of heightened crude exports from the Middle East, alongside a stockpile release by the G7. Brent crude futur...
- Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
- Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
- First time in decades Iraq set to move its oil beyond the Strait of HormuzIraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...
- India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
- Oil prices barely changed as investors assess US-Iran peace talks and Gulf exportsOil prices exhibited notable stability during the early trading hours in Asia as traders closely monitored the US-Iran peace discussions fo...
- Why is oil at $100 if Trump is winning the battle in Hormuz?The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of ...
- Iran's Revolutionary Guards call Trump a 'big liar'Iran's Revolutionary Guards' spokesperson Hossein Mohebbi accuses Donald Trump of being dishonest about nuclear weapons. Mohebbi emphasizes...
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