Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf exporters utilize alternative routes and means to mitigate shortfalls. Other producers are stepping up output to fill supply gaps. Demand destruction in petrochemicals and fuels remains substantial.

Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply remains intact, fears of disruptions in the…

Tanker attacks in Strait of Hormuz spark fears of wider supply disruption

Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf exporters utilize alternative routes and…

Brent crude remains below $100 despite Middle East supply disruptions as alternative routes, higher non-OPEC output and weaker demand offset shortages.