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IRAQI CRUDE OIL
Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off OmanIraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...- BPCL to get first Iraqi crude cargo as Hormuz disruption persistsBharat Petroleum Corporation will soon receive its first Iraqi crude oil shipment. This move aims to secure supplies while facing disruptio...
- BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oilBharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...
- Asian buyers snap up US crude, adding stress to tight marketAsian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...
- Fewer than 20 ships cross Strait of Hormuz over weekend as US-Iran blockades choke key oil routeFewer than twenty commodity vessels transited the Strait of Hormuz over the weekend. Initial data showed four vessels crossed on Sunday and...
- Oil Price Today (August 24): Crude oil slips below $93 ahead of US sanctions announcement on Iran. What are experts saying?US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impo...
- The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
- Oil falls ahead of US announcement on new Iran sanctionsOil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create furt...
- US, Iran keep up hostile rhetoric ahead of new sanctionsNew United States sanctions targeting Iran are scheduled for announcement impacting global trade partners. Oil shipments through the Strait...
- Iran allowed Iraqi tankers to pass through Hormuz Strait: state mediaTehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the pa...
- US, Iran trade threats as Washington readies ‘toughest sanctions’The United States is set to announce stringent economic sanctions against Iran. These measures could significantly impact Iran and its key ...
- Oil edges up on uncertainty over exports through HormuzOil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Str...
- 'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...
- Iraq's oil exports via Strait of Hormuz include Abu Dhabi's Adnoc, says SOMO directorIraq’s oil marketing company SOMO says Abu Dhabi’s Adnoc is one of the companies buying Iraqi crude and moving shipments through the Strait...
- Oil slips, heads for weekly loss as Hormuz deal uncertainty persistsOil prices declined as investors weighed prospects of reopening the Strait of Hormuz against persistent geopolitical risks. Markets also aw...
- India has built energy resilience to withstand external shocks, says PuriIndia has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...
- Reliance Industries books supertanker at record $23-25 million freight to lift Iraqi crudeReliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage ...
- Two VLCCs exit Strait of Hormuz, where traffic remains thinTwo large oil tankers exited the Strait of Hormuz on Friday, with traffic remaining thin. One vessel loaded Saudi crude and is anchored off...
- Iran resumes missile attacks as US and Saudis strike Tehran-backed militias in IraqThe flare-up on multiple fronts, after several days of relative calm, raised the risk of a return to all-out war. It also underscored the d...
- Erdogan says Turkey could get 1M barrels of oil a day from energy deal with IraqTurkey and Iraq are discussing a significant energy cooperation plan. This agreement could potentially bring one million barrels of oil dai...
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