Asian refiners are assessing the impact of tensions in the Middle East on freight and marine insurance costs, without fearing for the security of crude oil supplies.
Asian refiners are assessing the impact of tensions in the Middle East on freight and marine insurance costs, without fearing for the security of crude oil supplies.
Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
The rapid escalation between Iran and Israel threatens the stability of world oil markets, with serious implications for maritime trade and energy security.
The rapid escalation between Iran and Israel threatens the stability of world oil markets, with serious implications for maritime trade and energy security.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global's analysis points to a potentially volatile market.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global's analysis points to a potentially volatile market.
The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.
The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.
