EIA: Crude Oil Inventories in US See Rare Build
US commercial crude oil stockpiles rose unexpectedly last week, defying market expectations for a drawdown and adding a fresh data point to an already volatile pricing picture.
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Russia Bans Diesel Exports Amid Heavy Ukraine Attacks On Refineries
Russia has imposed a complete ban on diesel exports as it moves to shield its domestic fuel supply from an intensifying Ukrainian drone offensive against its refining and energy export infrastructure.
Beyond Claims in the Strait of Hormuz
Recent disruption in the Strait of Hormuz has prompted renewed discussion about the nature of maritime risk, with industry experts arguing that the human element behind operational decisions deserves far greater attention than it typically receives. According to Dr William…
Qatar Role as USA-Iran Mediator Jeopardized
An attack on a Qatari liquefied natural gas carrier near the Strait of Hormuz has cast doubt over Doha's position as a leading mediator in negotiations between the United States and Iran. The strike on the vessel Al Rekayyat occurred…
FMC Chair Concerned China Is Weaponizing Inspections of Panama-Flag Ships
The chair of the United States Federal Maritime Commission (FMC), Laura DiBella, has issued a personal statement voicing renewed concern over what she describes as China's "weaponisation of port state control inspections" targeting vessels registered under the Panama flag. She…
Gulf Oil Producers Relaunch Fight for Market Share in Asia
Saudi Arabia has cut the official selling price of its crude bound for Asia by the largest margin in around 20 years, signalling a renewed contest among Persian Gulf exporters to defend market share in their most important region following…