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PREPARING TO LOAD: Middle East Producers Prepare For Oil Export Resumption via Hormuz

CDN and International News, Conventional Energy, Latest, Oil, Tri-Pinned / By

(Reuters) – Producers in the Middle East have asked Asian refiners to submit crude oil loading programmes for April and May in preparation for the eventual resumption of ​shipping through the Strait of Hormuz, three sources with knowledge of the matter said. A two-week ‌ceasefire deal between the U.S. and Iran announced on Wednesday lifted hopes for …

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Oil Rebounds as Fragile Ceasefire, Hormuz Concerns Keep Supply Risks Elevated

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Market struggles to price clear path for Hormuz reopening Shipping traffic through Hormuz at virtual standstill despite ceasefire, data shows Strikes across Gulf raise supply threats despite ceasefire (Reuters) – Oil prices rose over 3% on Thursday as ​doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of …

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Oil Prices Fall After US and Iran Receive Framework Ceasefire Proposal

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Strait of Hormuz closure disrupts Middle East oil exports, refiners seek alternatives Trump threatens further action if Strait remains closed Iran allows passage for select vessels OPEC+ agrees modest output rise, war limits actual increases Russian supply also disrupted (Reuters) – Oil prices fell in ​choppy trade on Monday, as investors awaited clarity on …

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US Intelligence Warns Iran Unlikely to Ease Hormuz Strait Chokehold Soon

EnergyNow News and Press Releases, Latest, Tri-Pinned / By

  Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery provides the only real leverage it has over the United States, according to three sources familiar with the matter. The finding suggests that Tehran could continue …

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US Crude Jumps More Than 11%, Brent Nearly 8% After Trump Vows More Attacks on Iran

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil, Tri-Pinned, US News / By

By Arathy Somasekhar WTI soars to nearly $114/bbl, highest since March 9 Trump speech did not clarify when Hormuz might reopen WTI heads for biggest daily absolute price rise since 2020 HOUSTON, April 2 (Reuters) – U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday in volatile trading, as …

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Oil Falls as Reports of 15-Point Proposal Spurs Ceasefire Hopes

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Trump cites progress with Iran, US proposes plan to end war Iran tells UN ‘non-hostile’ ships can transit Strait of Hormuz Saudi hikes Yanbu exports to work around Hormuz halt, data shows Russia halts Baltic oil exports after Ukrainian drone attacks (Reuters) – Oil prices sank about 5% on Wednesday after reports the United …

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OIL RISES as Supply Disruption Persists and Iran Denies US Talks

Latest, Oil, Tri-Pinned, US News / By

Summary Trump says US, Iran have ‘major points of agreement’ Iran rejects claim of contact with Washington Macquarie says Brent could hit $150 if Hormuz shut through April (Reuters) – Oil rose on Tuesday as the world’s ‌biggest supply disruption persisted and as Iran denied it had talks with the U.S. to end the war in the …

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SPURRED BY GULF WAR, Alaska LNG Aims for Go-Ahead Decisions in 2026-27 and Exports in 2031

Conventional Energy, Latest, LNG, Tri-Pinned, US News / By

War in the Middle East is spurring interest in Asia for gas from the $44 billion Alaska LNG project, top executives of lead developer Glenfarne said, who aim to make final investment decisions this year and next, and start shipping LNG in 2031. Final go-aheads for the project’s pipeline and export terminal have been delayed …

SPURRED BY GULF WAR, Alaska LNG Aims for Go-Ahead Decisions in 2026-27 and Exports in 2031 Read More »

Crude Futures Turn Positive on Continued Hormuz Closure

Latest, Oil, Tri-Pinned, US News / By

Summary Reports of resolution, continued fighting move prices US measures aimed at easing supply tightness Disruption of trade through the strait continues (Reuters) – Crude futures climbed higher on Friday as the Strait of Hormuz remained closed, but analysts were wary the weekend ​might bring surprise changes in the status of the war two weeks after it …

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