Oil Supply Disruptions
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"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
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UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
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Only 5 Ships, Including Iranian Tanker Crossed Hormuz In Last 24 Hours
The closure of the strait has disrupted a fifth of the world's oil and liquefied natural gas (LNG) supplies and triggered a global energy crisis.
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Airlines Cancel Flights, Hike Ticket Prices As Jet Fuel Crisis Cripples Aviation
Iran has currently allowed only a trickle of ships to pass through the Strait of Hormuz, disrupting global oil shipments and causing major supply chain interruptions.
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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'Vibes All the Way Down': Iran's Jibe At Safe-Haven Tag For US Bonds
Treasuries are priced mostly on market psychology, not something as tangible as barrels of oil, said Iran's Parliament Speaker.
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US Says It Will Not Renew Sanctions Waiver Allowing India To Buy Russian Oil
The waivers on the purchase of Russian oil had allowed India to secure additional supplies amid global oil disruption. Reports suggest that Indian refiners have placed orders for roughly 30 million barrels of Russian oil during the period.
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Iran May Offer Free Passage To Ships Through Oman Side Of Hormuz: Report
The war has resulted in the largest-ever disruption of global oil and gas supplies due to Iran's interruption of traffic through the strait, which handles about 20% of the world's oil and liquefied natural gas flows.
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Chevron Executive Advises Americans To 'Drive Less' Amid Rising Oil Prices
Chevron's president of downstream, midstream, and chemicals. Andy Walz advises Americans to drive less amid rising oil prices.
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Saudi Arabia Is "Pressing" US To Drop Iran Port Blockade Plan: Report
Saudi Arabia has managed to get its oil exports up by piping its crude across the desert to the Red Sea, while Iran's Hormuz blockade persisted. Riyadh is worried those supplies would be at risk if the Red Sea's exit route were also closed.
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"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
-
UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
-
Only 5 Ships, Including Iranian Tanker Crossed Hormuz In Last 24 Hours
The closure of the strait has disrupted a fifth of the world's oil and liquefied natural gas (LNG) supplies and triggered a global energy crisis.
-
Airlines Cancel Flights, Hike Ticket Prices As Jet Fuel Crisis Cripples Aviation
Iran has currently allowed only a trickle of ships to pass through the Strait of Hormuz, disrupting global oil shipments and causing major supply chain interruptions.
-
Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
'Vibes All the Way Down': Iran's Jibe At Safe-Haven Tag For US Bonds
Treasuries are priced mostly on market psychology, not something as tangible as barrels of oil, said Iran's Parliament Speaker.
-
US Says It Will Not Renew Sanctions Waiver Allowing India To Buy Russian Oil
The waivers on the purchase of Russian oil had allowed India to secure additional supplies amid global oil disruption. Reports suggest that Indian refiners have placed orders for roughly 30 million barrels of Russian oil during the period.
-
Iran May Offer Free Passage To Ships Through Oman Side Of Hormuz: Report
The war has resulted in the largest-ever disruption of global oil and gas supplies due to Iran's interruption of traffic through the strait, which handles about 20% of the world's oil and liquefied natural gas flows.
-
Chevron Executive Advises Americans To 'Drive Less' Amid Rising Oil Prices
Chevron's president of downstream, midstream, and chemicals. Andy Walz advises Americans to drive less amid rising oil prices.
-
Saudi Arabia Is "Pressing" US To Drop Iran Port Blockade Plan: Report
Saudi Arabia has managed to get its oil exports up by piping its crude across the desert to the Red Sea, while Iran's Hormuz blockade persisted. Riyadh is worried those supplies would be at risk if the Red Sea's exit route were also closed.
