Refiners eagerly await the return of key Mideast supplies, but the competitive frenzy one might expect after four months of disruption has yet to emerge as markets remain resilient.

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far below pre-war levels. Indian refiners,…

Key parts of the oil market are suddenly awash in supply, as a stream of cargoes out of the Strait of Hormuz accelerates. Read more.