Oil Supply Adapts to Hormuz Disruptions
Bloomberg Intelligence senior commodities strategist Mike McGlone says oil markets are largely accepting US assurances that the Strait of Hormuz remains open, with expanding Western Hemisphere supply…
Read the full articleYou might also wanna read
Oil Glut Predictions May Be Premature Amid Ongoing Strait of Hormuz Risks
Despite record U.S. crude output, uncertainty over Iran, Hormuz, and regional production means the market may be underestimating ongoing sup
Oil Gains as Hormuz Shipping Constraints Persist Despite Hopes for US-Iran Talks
Summary Hormuz strait remains largely shut despite ceasefire U.S. to end waivers on Iranian and Russian oil Official U.S. oil inventory data
Strait of Hormuz reopens but 1.15 billion barrels of oil supply lost during conflict
The good news: The Strait of Hormuz is open again, after Iran and the United States signed a memorandum of understanding this week.
Strait of Hormuz reopening shifts oil markets from shortage to potential glut
As flow resumes through the strait, an oil surplus may yet again destabilise global energy markets.
Strait of Hormuz reopens but 1.15 billion barrels of oil supply lost during four-month disruption
The good news: The Strait of Hormuz is open again, after Iran and the United States signed a memorandum of understanding this week.
Oil prices dip but head for weekly gains amid US-Iran supply fears
Crude oil prices edged lower but remained on track for notable weekly gains driven by geopolitical tensions. Renewed military exchanges betw

Comments
Sign in to join the conversation.
No comments yet. Be the first.