News
The United States: The world’s marginal producer of the cleanest, most reliable barrels
2+ week, 1+ day ago (328+ words) This role is intensifying. Global oil demand continues to rise, reaching roughly 106.5 million barrels per day in 2026, and future mobility growth will push that number higher. The American barrel " cleaner, more flexible and efficiently produced " is becoming more important for…...
Energy Market Assessment: Getting oil in the forms it is needed, where and when needed
2+ week, 6+ day ago (531+ words) Energy Market Assessment: Getting oil in the forms it is needed, where and when needed'Oil & Gas 360 Energy Market Assessment: Getting oil in the forms it is needed, where and when needed (Oil & Gas 360) " Getting Oil In The Forms It Is…...
Iranian oil flows through Strait of Hormuz even as Gulf neighbors’ exports shut
2+ week, 6+ day ago (329+ words) (BOE Report) " Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other Gulf countries, a Reuters review of tanker…...
Trump administration may loosen US shipping rules to combat fuel price spike, White House says
3+ week, 51+ min ago (347+ words) (Investing) "WASHINGTON " The Trump administration is considering waiving the century-old Jones Act for a limited period to ensure energy and agricultural shipments can move freely between U.S. ports, press secretary Karoline Leavitt said on Thursday, in a bid to combat Iran-related…...
Hormuz at Risk: Shipping strains as Gulf conflict deepens
3+ week, 1+ day ago (416+ words) (By Oil & Gas 360) " Escalating tensions involving Iran are raising new questions about the security of the Strait of Hormuz, one of the world's most critical energy chokepoints, as military action intensifies and energy markets brace for potential supply disruptions. The…...
LNG shipping rates soar 650% to $300,000 per day
3+ week, 6+ day ago (219+ words) (Oil Price) "The global LNG shipping market has turned sharply higher in recent days, with charter rates for modern LNG carriers surging from roughly $40,000 last week to around $300,000 per day as traders scramble to secure vessels amid escalating disruption in…...
Hormuz risk sends energy shipping costs soaring
4+ week, 22+ hour ago (502+ words) (By Oil & Gas 360) " Escalating tensions involving Iran are reverberating through global energy markets, as security concerns around the Strait of Hormuz push shipping costs sharply higher and raise questions about the reliability of one of the world's most critical oil…...
Gulf shipping crisis deepens as tankers stranded for fifth day, US sinks Iranian warship
4+ week, 1+ day ago (659+ words) (Investing) "The U.S."Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralysed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil…...
LNG shutdowns and refinery halts complicate global energy outlook – Oil & Gas 360
4+ week, 2+ day ago (536+ words) (World Oil) "The turmoil unfolding in the Middle East is sparking thebiggest disruptionto oil and natural gas markets since Russia's invasion of Ukraine in 2022. Qatarshut down theworld's largest LNG export facility, Saudi Arabiasuspended operationsat its biggest oil refinery and tanker…...
U.S.-Iran tensions threaten to send oil tanker rates soaring
1+ mon, 1+ week ago (343+ words) (Oil Price) "The ratcheting up of tensions between the United States and Iran could push an already red-hot supertanker market even higher with rates soaring to the highest level since 2019, analysts say. The daily rate for hiring a supertanker on…...