Aramco CEO: Oil Stocks Drained by War Need 2 YEARS to Refill
How long to refill drained oil stocks? Saudi Aramco's CEO says inventories hit by the Iran war could take two years to rebuild - and why crude stays on edge…
Kingdom Exploration · Market Intelligence
Daily analysis of the forces moving crude — supply, geopolitics, and the numbers behind the headlines.
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How long to refill drained oil stocks? Saudi Aramco's CEO says inventories hit by the Iran war could take two years to rebuild - and why crude stays on edge…
Kuwait's oil output is running at about 75% of pre-war levels, its state oil chief says. Here's what the shortfall means for crude supply and prices…
Russia's Sheskharis Black Sea oil terminal halted loadings after a drone attack, sources tell Reuters. Here's what the outage means for crude supply and prices…
Russia is pumping almost 1 million barrels a day under its OPEC+ quota, Bloomberg reports. Here's what the shortfall means for crude supply and prices…
Iran fires cruise missiles at an oil tanker near Oman, setting it ablaze in the Strait of Hormuz, per Gulf News - the latest strike on vessels transiting the…
US Senate-approved sanctions carry a 500% tariff on Russian oil and natural gas, per cna.al, escalating pressure on Moscow's energy revenues and crude buyers…
The US has sanctioned mainland China and Hong Kong shipping firms over Iranian oil deliveries, per The Star. Here's what the crackdown means for crude supply…
The Caspian Pipeline Consortium has halted crude oil flow after Ukraine attacks, per @tractorreport - escalating a series of strikes that already suspended…
Iran struck the Fujairah oil zone as the UAE intercepted missiles and moved schools online, per News On AIR. Here is why crude prices could rise on the…
The US Treasury sanctioned 8 Iranian oil tankers and 10 entities, plus Chinese firms tied to Iran. Here's the count and what it means for crude supply…
OPEC+ freezes quota hikes through year-end while Jazan goes dark, Cushing hits tank bottoms, and U.S. crude draws 3.3M barrels…
Iraq has declared force majeure on foreign-operated oilfields amid Hormuz disruption, per EnergyNow. Here's what the move means for crude supply and oil prices…
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