Wood Mackenzie: Johan Sverdrup crude hits record US$24/bbl premium
Wood Mackenzie has reported that Johan Sverdrup Crude hits record US$24/bbl premium to Brent as Saudi pipeline suspension tightens European medium-sour supply.
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L&T Energy Hydrocarbon Onshore has signed a six year engineering, procurement and construction Framework Agreement with Oman’s leading oil and gas company.
Gulf crude exports fall 82% from January to June; Iraq, Kuwait and Qatar record zero exports as Strait of Hormuz remains severely constrained.
Neil Crosby, Head of Oil Analytics at Sparta, explores why expectations of lower oil prices and a swift return to normal shipping conditions in the Strait of Hormuz may be premature.
Following news reports on Gulf states revisiting pipeline projects to bypass the Strait of Hormuz, Richard Nelson, Global Energy Partner at law firm Mayer Brown addresses the issue.
The UK government faces renewed pressure to change its policy on the North Sea, amid the crisis in the Middle East, says Wood Mackenzie.
Rystad Energy’s oil market update from Janiv Shah, Vice President, Oil Markets.
Oil price surge above US$115 signals escalation from logistics shock to supply disruption in energy markets, says GlobalData.
Wood Mackenzie warns Middle East conflict threatens 200 million tpy of Asian LNG demand growth over next decade as Qatar declares force majeure on shipments.
GlobalData announces that MEED, its Middle East-focused business intelligence platform, has launched a content hub for updates on the US-Israel-Iran conflict.
