Tag
#Rystad Energy
Commodities
Strait of Hormuz attack lifts oil as shipping risk returns
Strait of Hormuz attack lifted Brent 2.1 per cent and WTI 2.3 per cent as a struck cargo vessel revived tanker risk and paused evacuations.
By Reza Najjar
Commodities
China oil refiners cut output as imports plunge
China oil refiners cut output to a near four-year low after May crude imports fell 29 per cent, testing Asia's demand outlook.
By Reza Najjar
Commodities
UAE casts OPEC exit as output strategy with Brent at $109.26
The UAE said its OPEC exit reflects production policy and capacity plans, a signal oil markets are reading through supply discipline and future market share.
By Reza Najjar
