Oil
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Shell CEO says Middle East oil flows have recovered to over 80% of pre-conflict levels.
Shell CEO Wael Sawan stated at the Energy Intelligence Forum in London on October 6 that, despite ongoing regional conflicts, oil flows from the Middle East have now recovered to over 80% of pre-confl
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Iran Ramps Up Ship Attacks in Hormuz as Oil and Gas Flows Climb
Iran has increased the pace of attacks on tankers in the Strait of Hormuz in recent days, just as oil shipments through the world’s most important energy chokepoint approach prewar levels.
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Bloomberg: Russia's Oil Export Boom Hit by Payment Issues, Diesel Sales Ban
Bloomberg reports that Russia's restrictions on diesel exports and increased subsidies for refiners have undermined the gains to the Kremlin's wartime finances from its crude oil export boom.
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Vitol CEO Warns: Middle East Oil Flows Recover to 14 Million BPD, But Western Inventory Buffers Depleted, Oil Prices Could Face $200/Barrel Scenario, Shipping Crisis Deepens
Vitol CEO Russell Hardy stated that the Middle East has reshaped its oil trade through alternative routes and shuttle operations, with crude and refined product flows recovering to approximately 14 mi
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Vitol CEO warns Western oil inventories are exhausted, market to remain tight
The CEO of Vitol, the world's largest independent oil trader, stated that oil inventories in Western countries have been depleted, warning that fuel markets are likely to remain tight going into winte
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Shell CEO says Middle East oil flows have recovered to about 80% of pre-war levels.
Shell's CEO stated that oil flows in the Middle East have reached approximately 80% of pre-conflict levels, one of the most authoritative assessments to date on the recovery of exports from the region
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Yemeni government forces claim to have 'secured' Bab al-Mandab Strait amid major offensive, Houthis deny advances and retaliate with missile attacks on Saudi oil sites
Yemeni government forces backed by Saudi Arabia claim to have "secured" the strategic Bab al-Mandab Strait at the start of a major offensive against the Iran-backed Houthi movement. A Yemeni military
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Kuwait Petroleum Corporation CEO: Kuwait's current oil production is about 75% of pre-war levels; risks to passage through the Strait of Hormuz are increasing.
Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Al-Sabah said on Monday that Kuwait's current oil production is about 75% of what it was before the Iran war, as more tankers risk passing through t
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Iran's Revolutionary Guard threatened an oil tanker in the Strait of Hormuz, instructing it to turn around or be targeted.
The UK Maritime Trade Operations (UKMTO) reported that a tanker transiting the Strait of Hormuz was hailed by Iran's Islamic Revolutionary Guard Corps (IRGC) and instructed to turn around or face the
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ICE to Launch Tanker Derivatives Contracts Outside Strait of Hormuz Amid Iran War Impact on Shipping Benchmarks
Intercontinental Exchange (ICE) announced on Monday that it will launch tanker derivative contracts based on routes outside the Strait of Hormuz, in response to the ongoing disruption of the oil shipp
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Volare Shipping Shares Jump on First Trading Day Amid Surging Tanker Rates
Volare Shipping's shares surged on their first trading day, as tanker rates have risen to record highs following the conflict in the Middle East, which disrupted oil markets.
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Saudi Aramco chief Amin Nasser warns world’s oil stockpiles are ‘scarily thin’ due to Middle East conflict, adding that rebuilding inventories could take up to two years
Saudi Aramco chief Amin Nasser warns world’s oil stockpiles are ‘scarily thin’ due to Middle East conflict, adding that rebuilding inventories could take up to two years
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Iranian officials stated that the Strait of Hormuz will remain closed, and that US warships have withdrawn from the Gulf.
Senior commander of Iran's Islamic Revolutionary Guard Corps (IRGC), Ali Fadavi, stated on Sunday evening that the current oil flow through the Strait of Hormuz is "insignificant." He added that there
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Iranian State Media: Iran's Oil Minister Resigns
Iranian State Media: Iran's Oil Minister Resigns
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Nikkei: Saudi Arabia and the UAE will help Asia build oil reserves, expand exports, and prioritize supply in emergencies.
Nikkei reports that Saudi Arabia and the United Arab Emirates will help build oil reserves in Asia, a region that has historically had insufficient reserves despite its reliance on imports. The two co
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OPEC+ has an agreement in principle to keep oil production quotas unchanged for November, delegates say
OPEC+ has an agreement in principle to keep oil production quotas unchanged for November, delegates say, with a sub-group led by Saudi Arabia and Russia set to finalize the deal at a video conference
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Trump administration negotiations with Russia on Ukraine have expanded to a potential multi-billion dollar oil deal involving Lukoil's global assets.
Negotiations between the Trump administration and Russia to end the war in Ukraine have expanded to a potential multi-billion dollar oil deal involving Lukoil's global oil assets, Reuters reported, ci
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Lukoil, the Russian oil giant, failed to dismiss a lawsuit alleging overpricing of fuel to franchisees, allowing nearly 30 gas station owners in Pennsylvania and New Jersey to proceed with their litigation.
Lukoil, the Russian oil giant, failed to dismiss a lawsuit alleging overpricing of fuel to franchisees, allowing nearly 30 gas station owners in Pennsylvania and New Jersey to proceed with their litig
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Saudi Arabia is pumping close to 6M b/d of oil on its East-West pipeline
Saudi Arabia is pumping close to 6M b/d of oil on its East-West pipeline
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OPEC+ Oil Production Capacity Assessment Delayed as Some Members Fail to Submit Data; Expected to Conclude Mid-November
OPEC+ Oil Production Capacity Assessment Delayed as Some Members Fail to Submit Data; Expected to Conclude Mid-November
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Middle East oil and gas flows rising despite dangers in Hormuz Strait, according to tanker captain's account
Middle East oil and gas flows rising despite dangers in Hormuz Strait, according to tanker captain's account
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Goldman Sachs reports that Persian Gulf oil exports doubled in September, while European natural gas inventories fell to a five-year low.
Goldman Sachs reported on Wednesday that Persian Gulf oil exports have doubled in September and returned to 2025 average levels, with Brent crude prices expected to moderately decline to $85 per barre
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Venezuela's oil exports fell to 1.08 million bpd in September, while shipments to the U.S. increased to 629,000 bpd.
Exports to India fell to 253,000 bpd and Europe to 86,000 bpd. Chevron’s Venezuelan crude exports were nearly unchanged at 283,000 bpd.
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Persian Gulf oil producers are shifting key oil transfer operations to more distant areas due to congestion in the outer waters of the Strait of Hormuz.
Persian Gulf oil producers are shifting key oil transfer operations to more distant areas due to congestion in the outer waters of the Strait of Hormuz.
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Iranian Foreign Minister Araghchi stated that U.S. engagement is a "positive step," and the implementation period for the Strait of Hormuz opening plan has been shortened to 2 days.
Iranian Foreign Minister Araghchi told Al Jazeera that the US attempt to open dialogue was a "positive step," but there were no plans to meet with US officials at present. He noted that the implementa
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Russia's Novak says attacks on oil refineries will have negative impact on diesel fuel supplies to global market
Russia's Novak says attacks on oil refineries will have negative impact on diesel fuel supplies to global market
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Strait of Hormuz tensions persist: Iran claims multiple oil tankers struck by mines, destroys enemy unmanned vessel; Oman Navy rescues crew.
Al Jazeera's latest report indicates that Iranian authorities have reported multiple incidents recently in and around the Strait of Hormuz. The Islamic Revolutionary Guard Corps Navy stated that it pr
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Iran suspected of tactical shift, attacking oil tanker with limpet mines in Strait of Hormuz on Thursday, first time since 2019.
Iran suspected of tactical shift, attacking oil tanker with limpet mines in Strait of Hormuz on Thursday, first time since 2019.
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Financial Times: ExxonMobil and Chevron Post Huge Profits, Warn on Diesel Supply, Attributing It to Trump's War in Iran Driving Up Refining Margins
The Financial Times reported that U.S. oil giants ExxonMobil and Chevron announced massive profits and issued warnings about diesel supplies. The report noted that U.S. oil companies are profiting fro
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Chinese state-owned oil giants improve profits, gaining more "firepower" to boost energy security
Chinese state-owned oil giants improve profits, gaining more "firepower" to boost energy security
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Houthi rebels claim responsibility for attacks on six Saudi airports and oil facilities, including the Ras Tanura and Abqaiq refineries.
The Houthi movement claimed responsibility for attacks on six airports and oil facilities in Saudi Arabia, including the Ras Tanura and Abqaiq refineries. This attack occurred earlier this week after
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Iran's IRGC says four tankers struck naval mines in Strait of Hormuz after using "unauthorised" routes
Iran's IRGC says four tankers struck naval mines in Strait of Hormuz after using "unauthorised" routes
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EU Energy Commissioner warns: No oil and gas shortages expected, but rising prices will make it difficult for citizens to pay bills this winter.
EU Energy Commissioner Dan Jorgensen warned that while oil and gas supply shortages are not expected, rising prices will make it difficult for many EU citizens to pay their bills this winter. Followin
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ExxonMobil and Chevron have withdrawn from next month's Abu Dhabi oil conference due to escalating security concerns in the Middle East.
ExxonMobil and Chevron have withdrawn from next month's Abu Dhabi oil conference due to escalating security concerns in the Middle East.
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IRGC says 3 tankers caught fire in Strait of Hormuz after hitting mines, warns shipping operators
Three tankers have caught fire while passing through the Strait of Hormuz after hitting mines over the past 24 hours, according to the Islamic Revolutionary Guard Corps (IRGC) Navy. The IRGC navy says
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SK Innovation's Q3 operating profit surges 532.5% to $2.3 billion on strong oil, lubricants margins
SK Innovation's Q3 operating profit surges 532.5% to $2.3 billion on strong oil, lubricants margins
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President Trump announces the arrival of the first one million barrels of oil in Texas, secured through a historic deal with Venezuela, stating it gives the US control over a massive part of the world's oil supply.
President Trump announced yesterday in Corpus Christi, Texas, the arrival of the first one million barrels of oil secured by his administration as part of a historic deal with Venezuela. This oil, arr
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Donald Trump will announce a relaxation of regulations on methane leaks from oil companies, according to The Washington Post.
Donald Trump will announce a relaxation of regulations on methane leaks from oil companies, according to The Washington Post.
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According to the Financial Times, Washington is discussing deals between US oil majors and Russia in Ukraine peace talks.
According to the Financial Times, Washington is discussing deals between US oil majors and Russia in Ukraine peace talks.
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Saudi Aramco is offering spot crude oil to European buyers for this month and next to compensate for supply losses caused by the shutdown of a key export pipeline.
Saudi Aramco is offering spot crude oil to European buyers for this month and next to compensate for supply losses caused by the shutdown of a key export pipeline.
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Trump: We're going to accept 1 million barrels of oil
Trump: We're going to accept 1 million barrels of oil
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Donald Trump stated that he believes he will visit an oil tanker carrying Venezuelan oil in Texas, and that he thinks Rubio will accompany him.
Donald Trump stated that he believes he will visit an oil tanker carrying Venezuelan oil in Texas, and that he thinks Rubio will accompany him.
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Russian oil exports reached a one-month high, primarily due to a strong rebound in shipments from the Baltic port of Primorsk last week, though this was not enough to boost overall four-week flows.
Russian oil exports reached a one-month high, primarily due to a strong rebound in shipments from the Baltic port of Primorsk last week, though this was not enough to boost overall four-week flows.
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Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait of Hormuz in recent weeks.
Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait
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OPEC+ is expected to maintain its oil output targets at Sunday's meeting, sources said.
OPEC+ is expected to maintain its oil output targets at Sunday's meeting, sources said.
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Saudi Arabia has brought a fire under control following an attack near the Ras Tanura oil hub.
Saudi Arabia has brought a fire under control following an attack near the Ras Tanura oil hub.
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Venezuelan opposition leader Maria Machado has returned to the country after 10 months in exile
Venezuelan opposition leader Maria Machado has returned to the country after 10 months in exile, having previously been blocked from returning multiple times by both the Venezuelan government and the
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Oil fell for a second day as intensified diplomatic efforts eased concerns about a potential escalation of the U.S.-Iran conflict.
Oil fell for a second day as intensified diplomatic efforts eased concerns about a potential escalation of the U.S.-Iran conflict.
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Oil
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Gold prices fell to $3,883.36, hitting a near 365-day low.
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Chainalysis: Binance Hackers Deployed Unprecedented Money Laundering Tactics, Rapidly Converting $6.3 Billion in Stolen Funds
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Gold is down 3.45% from its previous close, now trading at $3,883.36.
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Silver is down 5.71% from its previous close, now trading at $49.365.
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Trump Comments on Binance Hack as Calls for Crypto Regulation Intensify
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SpaceX is down 6.38% from its previous close, now trading at $134.715.
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MIVA Token Analysis: The Utility and Governance Token of Minerva Wallet
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Binance suffered the largest crypto hack on record, with investigators attributing the $6.3 billion theft to North Korean hackers
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Experts are divided on the freezing of stolen assets by Binance, warning that recovering the funds is another matter.
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PKR Coin Analysis: Mechanisms, Ecosystem, and Market Status of Polker Token
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