🇨🇳🛢 #China’s Crude Stockpiles Stay Robust Despite Iran War Drawdowns - Bloomberg *China’s massive crude inventories remain robust even after oil refiners tapped stockpiles to offset the impact of the Iran war, but draws could accelerate next month if Middle East deliveries are https://t.co/NKBuSpQxCK #China #CrudeOil #IranWar #CN #IR
🛢 #Brent Crude Hits $100 a Barrel on Red Sea, Iran Supply Threats - Bloomberg https://t.co/ZfIxN9bPyf #Brent #CrudeOil #OilPrices #IR
🌎 Fuel Prices Are Slamming Consumers Even as Crude Crisis Fades - Bloomberg https://t.co/SVf7wyOsXT https://t.co/duBCJXOl07 #FuelPrices #CrudeOil #Inflation #Thetweetdoesnotmentionanyspecificcountries.Therefore #therearenocountrycodestoreturn.
With crack spreads where they are the lifting of the Chinese export ban is about to send import demand for crude to Chinese refineries soaring. 🛢️📈 https://t.co/VlRF3kjgUg #CrudeOil #ChinaExport #OilMarket #CN
So, Cushing, Oklahoma (a key crude oil storage and trading hub in the US) is now below the speculated operational minimum of around 20 million barrels. What comes next, I have no idea, but this cannot be good for the U.S. nor the world. #Cushing #CrudeOil #OilMarket #US
U.S. crude & petroleum exports spike to an all-time record of nearly 12.9M bpd has been driven in part by massive drawdowns from the Strategic Petroleum Reserve (SPR). Data shows that ~1/2 of the crude released from the SPR in recent months was exported rather than refined + https://t.co/N1TQsrdDxh #CrudeOil #PetroleumExport #StrategicPetroleumReserve #US
RT @unusual_whales: Nearly half of the crude oil released from the US Strategic Petroleum Reserve is being exported, a fresh sign of how se… #CrudeOil #OilExports #PetroleumReserve #US
The article explores the significant markup on petrol prices, detailing how a $25 cost to extract crude oil in Saudi Arabia escalates to a $95 market price, while investigating the complex journey of oil from the field to the pump amidst geopolitical tensions. #OilMarket #EnergyEconomics #CrudeOil #SA #TH
The Trump administration announced a loan of 53.3 million barrels of crude from the U.S. Strategic Petroleum Reserve to nine energy companies to help stabilize oil markets amid rising prices due to the U.S.-Israeli war with Iran, as part of a broader agreement to release 400 million barrels globally. #Energy #OilMarket #CrudeOil #US #IL #IR
China's crude oil imports have sharply declined due to the Iran war and rising prices, with April figures showing the lowest daily intake in nearly four years, while imports of metals like aluminium and iron ore have increased as China adjusts to supply constraints and stockpiles. #ChinaTrade #CommodityMarkets #CrudeOil #IR #CN #US #AU
A shipment of crude oil from the U.S. Strategic Petroleum Reserve is heading to Turkey, marking the first delivery of U.S. emergency reserve oil to the Mediterranean nation, as the U.S. releases 172 million barrels to combat rising prices amid disrupted global supplies due to the Iran conflict. #OilMarket #EnergySupply #CrudeOil #US #TR #IR #IT #NL
The article discusses the current challenges facing U.S. fuel markets amid the ongoing conflict in Iran, highlighting significant draws in domestic crude and fuel stocks, soaring gasoline prices, and the political ramifications for President Trump as high prices collide with upcoming elections, indicating that the U.S. energy dominance may lead to severe consequences for domestic consumers and the economy. #EnergyMarkets #OilPrices #CrudeOil #US #IR #EU #AS
Sentinel Midstream has announced the commencement of construction on its Texas GulfLink deepwater oil export project, the first large-scale oil export development in the U.S. in years, coinciding with the country becoming a net crude oil exporter for the first time since World War II due to heightened global demand amid the ongoing conflict in Iran. #OilExport #EnergyInfrastructure #CrudeOil #US #JP #IR #RU #EU #AS
Generální ředitel Chevronu Mike Wirth varoval, že se objevují známky fyzických nedostatků ropy, které nejprve zasáhnou asijský hospodářský růst, přičemž vyzdvihl potřebu přizpůsobit poptávku nabídce a poukázal na to, že válka na Blízkém východě vedla k prudkému poklesu globálních ropných zásob. #CrudeOilShortage #EnergyCrisis #AsianEconomies
