Middle East producers plan exports but blockade continues
Producers ask customers to nominate cargoes – Saudi Aramco, Kuwait Petroleum Corp (KPC) and Iraq’s SOMO have asked Asian refiners to
Producers ask customers to nominate cargoes – Saudi Aramco, Kuwait Petroleum Corp (KPC) and Iraq’s SOMO have asked Asian refiners to
Israel’s energy ministry has instructed Energean to restart the Karish offshore gas platform, closed since 28 February. The resumption follows a US-Iran
A fragile two‑week ceasefire in the Iran war is already showing cracks, pushing Brent back toward $100 and knocking European and
Reports suggest Iran wants to levy up to $2 million per vessel for ships transiting the Strait of Hormuz. The mere threat of
Prices drop sharply: Following the ceasefire announcement, Brent crude fell about 13.8% to the mid‑$90s per barrel while US WTI futures
Production guidance cut: Shell expects Q1 integrated gas production of 880-900 thousand barrels of oil equivalent per day, down from 920-980
A two‑week ceasefire between the US and Iran has freed some oil cargoes but offers limited relief. Roughly 130 million barrels of

The last 24 hours were dominated by geopolitical risk and policy interventions that could push oil and gas prices to new