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14.08.26 - 22:06
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Oil Producers, Buyers Looking at Long-Term Alternatives to Hormuz, Says Clara Gillispie (Bloomberg)
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Clara Gillispie, senior fellow for climate and energy at the Council on Foreign Relations, said that both oil producers and buyers are now considering the possibility that the Strait of Hormuz will remain closed or operating at a reduced capacity a year in the future. Gillispie said that as countries look for workarounds to the Strait, they are looking both alternative routes and ways to decrease their insurance risk exposure. (Source: Bloomberg)...
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14.08.26 - 16:12
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Ölpreise kaum verändert - Deutliche Gewinne auf Wochensicht (DPA-AFX)
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NEW YORK/LONDON (dpa-AFX) - Die Ölpreise haben sich am Freitag wenig verändert. Nur zeitweise konnten die Notierungen im Vormittagshandel deutlich zulegen, mussten die Gewinne dann aber wieder abgeben. Ein Barrel (159 Liter) Rohöl der Referenzsorte Brent ......
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14.08.26 - 14:06
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Saudi Oil Fleet Increasingly Going ′Dark′ Due To Houthi Blockade (ZeroHedge)
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Saudi Oil Fleet Increasingly Going 'Dark' Due To Houthi Blockade
Via The Cradle
Yemen's maritime blockade on Saudi shipping has pushed the kingdom's crude exports off the radar in the Red Sea, with tankers forced to turn off their tracking signals to avoid attack and every recent cargo loaded at Yanbu sailing "dark," Reuters reported on Wednesday.
Saudi export volumes can no longer be independently verified as a result of the increased invisibility, with ship-tracking firms issuing conflicting estimates of the same shipments, figures the International Energy Agency (IEA), OPEC, and traders use to gauge world supply and forecast the market.
via AFP
Three firms tracking the same week beginning August 3 reached three different conclusions.
Vortexa measured a modest decline at Yanbu, to 2.38 million barrels per day (bpd) from 2.71 million, while Kpler reported a collapse to 1.78 million bpd from 4.04 million, and AXSMarine recorded a rise, to 850,000 bpd from about 420,000.
Vor...
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