Four Oil and Gas Tankers Turn Back From Hormuz After Vessel Attacks
The reversal of tankers near the Strait of Hormuz shows how quickly maritime security risk can affect energy flows, shipping insurance and Gulf supply-chain…
Newsroom Desk: Energy Desk
OPEC+ Weighs Another August Output Increase as Prices Cool
The group is expected to continue unwinding voluntary cuts, but the return of supply while prices soften may test unity among major producers.
OPEC Output Jumps in June as Gulf Producers Bring Barrels Back
A Reuters survey shows a major recovery in OPEC production after months of disruption, led by Gulf producers and a gradual reopening of regional…
Chinese Refiners Turn to Discounted Middle Eastern Crude as Supply Rises
A post-disruption surge in Gulf supply is giving independent Chinese refiners access to discounted non-sanctioned barrels, changing the pricing balance with Russian and Iranian…
Gulf Oil Exports Rebound as Record UAE Flows Ease Supply Pressure
Ship-tracking data point to a sharp June recovery in regional energy flows, although exports remain below pre-war volumes and shipping risk has not disappeared.