Baker Hughes: 587 Rigs Running While Hormuz Burns - Who's Blinking?
Baker Hughes reports 587 US rigs active despite oil above $100/bbl. One tanker crossed Hormuz Thursday. Why drillers are pulling back, not ramping up…
Kingdom Exploration · Market Intelligence
Daily analysis of the forces moving crude — supply, geopolitics, and the numbers behind the headlines.
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Baker Hughes reports 587 US rigs active despite oil above $100/bbl. One tanker crossed Hormuz Thursday. Why drillers are pulling back, not ramping up…
Iran's Supreme Leader says Hormuz Strait management will enter a 'new phase,' per EnergyNow.com. Here's what the escalation means for oil supply and crude…
QatarEnergy has extended its LNG force majeure amid Hormuz tensions, per Latest news from Azerbaijan. What the chokepoint risk means for crude and energy…
An oil tanker caught fire after an explosion south of the Strait of Hormuz, per IRGC. Two other vessels turned back. Here's the crude-price risk…
Iran has seized a Greek tanker near the Strait of Hormuz amid regional tensions. Here's what the incident means for crude supply and oil prices right now…
Strait of Hormuz oil exports have plunged to about 1 million bpd, per Whalesbook. Here's the number, the supply at risk and why crude could climb…
CENTCOM says 12 commercial vessels now redirected and two 'non-compliant' ships disabled as the U.S. enforces a full naval blockade against Iran, escalating…
A second tanker was abandoned within 24 hours after the latest Strait of Hormuz attack, per gCaptain. Here's what the escalation means for crude supply and oil…
Goldman Sachs set a $120/bbl Brent target while a ceasefire rumor knocked prices to $88. Cushing below 20M barrels, refining at 18.2 mb/cd…
A second oil tanker, the M/T KAIFAN, has reportedly been struck by Iran in the Strait of Hormuz. Here is what we know now and why crude could spike…
A second Dynacom-owned tanker was reportedly hit in the Strait of Hormuz, per The Maritime Executive. Here's what the escalation means for oil supply and crude…
Reports say an Abadan explosion and a Strait of Hormuz closure are unfolding amid US-Iran tensions. Here's what it means for crude supply and oil prices now…
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