UAE Changes Offshore Oil Pricing To Target Asian Buyers
ADNOC just repriced three offshore crude grades away from Murban and onto the Dubai benchmark, handing Asian refiners fresh leverage as oil supply rebounds through Hormuz.
Logan Ruiz4 min read
oil supply
Logan Ruiz4 min read
Gulf Oil Leak: How Crude Is Escaping the Strait of Hormuz
The United States Oil Fund (AMEX:USO) traded at 130.66 dollars on August 19, up 0.28 percent on the day, sitting comfortably inside its 52 week range of 102.42 to 142.33…
Trevor Harris3 min read
Saudi Reroutes Oil as Capacity and Security Limits Emerge
: Wait, formatting error introduced accidentally. Traffic through Hormuz has ticked up again, still described by ING analysts as running in single digits but higher than before. U.S. Energy Secretary…
Tara Burke3 min read
Strategic Petroleum Reserve Explained: What It Is and How It Works
Oil prices sit near yearly lows as the U.S. Strategic Petroleum Reserve remains half empty. Here's what that means for supply security and future price shocks.
Logan Ruiz4 min read
