Low turnout from buyers seen for Iraq’s September fuel oil tender
Iraq’s state-owned marketer SOMO is offering fuel oil via a tender for September lifting, though trade sources said…
Strait of Hormuz traffic halves in a day as US-Iran peace talks stall
Separately, at the Bab el-Mandeb strait, traffic slowed slightly on Thursday compared with the previous two days. Commodity…
Strait of Hormuz shipping holds flat at nine transits amid uncertainty
Shipping traffic through the Strait of Hormuz on Wednesday was unchanged from the day before as discussions to…
ADNOC tests buyer appetite again with ninth spot crude tender
The Abu Dhabi National Oil Company (ADNOC) is offering spot crude in a tender, its ninth issued since…
Iranian missiles targeting maritime traffic fall into sea, UAE says
The missile launch comes as a 60-day window for US-Iranian peace talks expired on Monday without a breakthrough,…
Conflict prompts Chinese shippers to load crude outside Persian Gulf
High freight margins Daily freight for the Oman-China voyage was assessed last Friday at $140,000, which translates into…
Flow of ships through Strait of Hormuz remains near a crawl
Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from…
Iran conflict pushes Pakistan’s top refiner to buy more American crude
Pakistan’s largest refiner Cnergyico is buying more US crude as Islamabad seeks to diversify the country’s energy supplies…
Oil slicks in Iranian waters raise environmental damage concerns
Near dolphin-shaped island One slick has appeared off the southern tip of Qeshm Island, the large dolphin-shaped island…
Hormuz reopening hinges on US meeting Tehran demands, Iran says
Washington and Tehran agreed to a ceasefire in June, but the US reimposed a blockade on Iranian shipping…
Strait of Hormuz sees traffic fall to single digits
Shipping traffic through the Strait of Hormuz fell to six on Monday, compared with a 10-day average of…
Hormuz traffic slows to a trickle as full reopening remains uncertain
Iraq’s state oil marketer SOMO offered discounts of close to $30 a barrel for Basrah Heavy and Basrah…