Insights
Market notes, RFQ guides and energy briefing content for feedstock buyers and trade teams.
Weekend Watch: Hormuz Transits Fall to Four as Oil Holds Weekly Gain
News summary: Reuters reported only four commodity vessels crossed Hormuz on Thursday, well below the 10-day average of about 15. At 12:30 GMT Friday,…
Oil Ends Mixed as Hormuz Traffic Remains Far Below Average
News summary: Reuters reported Brent eased 11 cents, or 0.12%, to settle at $95.52/bbl while WTI gained 29 cents, or 0.32%, to $91.30/bbl. Six…
Oil Settles 1% Higher as Major US-Iran Strikes Threaten Supply
News summary: Reuters reported Brent settled up 98 cents, or 1%, at $95.63/bbl and WTI rose 79 cents, or 0.9%, to $91.01/bbl. Four commodity…
Oil Settles More Than $4 Higher as Hormuz Supply Risk Returns
News summary: Reuters reported Brent rose $4.16, or 4.6%, to settle at $94.65/bbl and WTI gained $4.46, or 5.2%, to $90.22/bbl, their highest closes…
Oil Settles More Than 2.5% Higher as Military Attacks Resume
News summary: Reuters reported Brent rose $2.39, or 2.71%, to settle at $90.49/bbl and WTI gained $2.36, or 2.83%, to $85.76/bbl after direct U.S.-Iran…
Weekend Watch: Direct US-Iran Attacks Return Near Hormuz
News summary: Reuters reported U.S. forces struck two Iranian missile launchers on Larak Island on Sunday and Iran responded with attacks on U.S. bases…
Weekend Watch: Hormuz Recovery Remains Uneven
News summary: With no new Saturday settlement, this archive note carries forward Reuters’ Friday close of $89.31/bbl for Brent and $83.40/bbl for WTI, alongside…
Oil Ends Lower as Hormuz Deal Rumours Meet Choppy Flows
News summary: Reuters reported Brent settled at $89.31/bbl and WTI at $83.40/bbl; both ended the week lower as traders weighed possible Hormuz progress against…
Oil Rebounds 2% as Ceasefire Expectations Recede
News summary: Reuters reported Brent rose 2.1% to settle at $89.70/bbl and WTI gained 1.6% to $83.53/bbl, snapping a three-session losing streak as expectations…
Aramco Expands September Crude Offers Outside Hormuz
News summary: Reuters reported Saudi Aramco offered more September crude for loading outside Hormuz through ship-to-ship transfers after selling at least 4 million barrels…
Oil Falls More Than 3% to One-Week Low
News summary: Reuters reported Brent fell 3.9% to settle at $88.58/bbl and WTI declined 3.1% to $82.36/bbl as traders viewed new economic pressure on…
Iran Blacklists 45 Tankers Over Hormuz Transit Rules
News summary: Reuters reported Iran blacklisted 45 tankers for breaking its Hormuz transit rules and warned that listed vessels could face fines, detention or…