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Stranded oil starts streaming out of Hormuz as deal takes effect
A growing stream of stranded oil is making its way out of the Strait of Hormuz as Kuwait said it will start ramping up production. Read on
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bangkokpost.com
Energy firms brace for ‘new era’ despite Hormuz deal
The world’s oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions about a return to normal for the Gulf energy industry…
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al-monitor.com
Hormuz reopening to release wave of oil supply, depress prices
By Nidhi Verma, Siyi Liu and Joyce LeeNEW DELHI/SINGAPORE, June 18 (Reuters) - Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens…
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financialpost.com
Stranded oil starts streaming out of Hormuz as deal takes effect
A growing stream of stranded oil is making its way out of the Strait of Hormuz as Kuwait said it will start ramping up production. Read on
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zerohedge.com
Asian Refiners Swamped, Brace For Over 60 Million Barrels Of Oil Ready To Exit Hormuz
Asia, which felt the supply shock first and the most as early as in March, could now see a wave of much-delayed crude supply that would weigh on prices...