Market-moving news and intelligence across global energy markets.
Gulf crude and condensate exports initially surged in early July, reaching pre-war levels, but renewed Strait of Hormuz hostilities quickly slowed shipment
Escalating US-Iran hostilities and attacks on Gulf shipping have pushed Brent crude near $90, intensifying concerns over Middle East oil supply disruptions
Brent crude surged past $90 a barrel as escalating US-Iran hostilities in the Middle East intensified, threatening critical oil shipments through the Strai
Iraq is rapidly transforming Syria into a major oil export hub by trucking fuel oil, bypassing the Strait of Hormuz amid ongoing regional conflict.
OPEC lowers its 2026 oil demand growth forecast for the third consecutive month, citing weakening global consumption. OPEC+ output rose in June, yet Mideas
Goldman Sachs warns that renewed attacks in the Persian Gulf are jeopardizing oil export recovery, pushing Brent crude above $85 amid heightened geopolitic
Iran's Revolutionary Guard threatens to halt all Middle East energy exports as renewed US naval blockade and escalating Strait of Hormuz hostilities drive
Goldman Sachs projects over 45% of Gulf oil exports could bypass the Strait of Hormuz by end-2027, driven by new pipeline projects amid persistent geopolit
The UAE's crude production surged 80% in June after exiting OPEC, reaching near-record highs and creating an Asian supply surplus, impacting regional prici
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