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What’s not happening to Middle East crude supply matters more

17/06/2025

When tensions rise in the Middle East, it can be helpful to look at what is not happening as much

Brent oil futures’ structure shifts on Israel-Iran conflict

17/06/2025

The premium of the first-month Brent crude futures contract to that for delivery six months later traded on Monday near

Could Israeli strikes on Iran revive specter of $100 oil?

17/06/2025

Energy and oil market analysts, speaking to Independent Arabia, unanimously described the surprise Israeli military strikes on Iranian targets as

China’s May refinery throughput at 9-month low on plant overhauls

17/06/2025

China’s crude oil throughput declined by 1.8% in May from a year earlier to the lowest level since August, official

European oil product markets jump on Israel-Iran war risk

17/06/2025

European refined product markets snapped higher on June 13 as an escalating conflict between Israel and Iran triggered renewed panic

TotalEnergies raises Malaysian gas stake in partnership with Petronas

17/06/2025

French energy giant TotalEnergies TTE has acquired further stakes in Malaysian gas assets from the country’s national producer Petronas, CEO

Oil and gas important in times of conflict, Saudi Aramco CEO says

17/06/2025

The importance of oil and gas can’t be underestimated at times when conflicts occur, something that was currently being seen,

US natgas prices climb 3% to 1-week high on forecasts for hotter weather, more cooling demand

17/06/2025

U.S. natural gas futures climbed about 3% to a one-week high on Monday on forecasts for hotter weather and higher

Naphtha crack steady; all eyes on Israel-Iran conflict

17/06/2025

Asia’s naphtha refining profit margin was steady on Monday amid caution over escalating conflict between Israel and Iran, although strikes

OPEC expects solid second-half of 2025 for world economy, trims 2026 supply

17/06/2025

Crude Oil Price Movements

In May, the OPEC Reference Basket (ORB) value declined by $5.36, or 7.8%, month-on-month (m-o-m), to average $63.62/b. The ICE Brent front-month contract declined by $2.45, or 3.7%, m-o-m, to average $64.01/b, while the NYMEX WTI front-month

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