Energy News, Crude Oil, Natural Gas, Futures Exchange, Maritime Reports

INTERNATIONAL CRUDE OIL PRICES

Bow River

50.24$US/1 Barrel
Light Sour Blend

65.52$US/1 Barrel
Western Canadian

60.92$US/1 Barrel
Indian Crude Bas

77.72$US/1 Barrel
Forozan Blend

75.61$US/1 Barrel
Iran Heavy

75.71$US/1 Barrel
Iran Light

77.66$US/1 Barrel
Forozan Blend

70.15$US/1 Barrel
Iran Heavy

72.00$US/1 Barrel
Iran Light

74.25$US/1 Barrel

USA CRUDE OIL PRICES

BUNKER FUEL PRICES

HSFO

485.00$US/MT
IFO 180

378.00$US/MT
MGO

705.00$US/MT
VLSFO

585.00$US/MT
VLSFO max 0.5%

508.00$US/MT
HSFO

518.50$US/MT
IFO 180

368.00$US/MT
IFO 380

395.25$US/MT
LSMGO 0.1%

678.00$US/MT
MGO

880.50$US/MT

Latest news and market reports from enegery industry. Market updates on crude oil, gas, electricity and bunker fuel.

Israel Resumed Limited Exports of Natural Gas

On 13 June, the country had announced closure of Chevron-operated Leviathan and Energean-run Karish fields.

Shutdown of Strait of Hormuz May Push Brent Crude to $90: Citigroup

Incidentally, the Strait of Hormuz is one of the important oil routes in the world, accounting for nearly one-fifth of the total worldwide transits of oil output.

Chevron Seeks Buyers for 50% Stake in Singapore Refinery

Buyers were asked to submit non-binding offers in July, the three sources said.

Natural Gas Infrastructure at Risk in Middle East Tensions, JPMorgan Says

If Iran’s natural gas exports face disruption, Turkey will likely turn to a combination of Russian pipeline gas and global LNG supplies to meet its energy needs.

Iran Adapts to Maintain Oil Exports During Conflict, Trackers Say

The remaining 12 or so million barrels were in the Persian Gulf at the start of the month, Vortexa added, but their current location was not clear.

Israel Updates Egypt and Jordan on Cut in Natural Gas Supplies

It must be noted that nearly 15-20% of total Egyptian domestic consumption is met by supplies from Israel.

Shell Warns of Massive Trade Disruptions in the Event of a Hormuz Shutdown

However, the traders continue to remain on high alert, Sawan added.

Goldman Estimates Geopolitical Risk Premium of Around $10 Per Barrel for Brent After Prices Rise

Iran is OPEC's third-largest producer, extracting about 3.3 million barrels per day (bpd) of crude oil.

China Independent Firm Zhongman Petroleum Awarded Natural Gas Block in Algeria

ZPEC did not disclose investment value and said the final contract remains unsigned.

US Crude Inventories Fall by Most in a Year, Fuel Stocks Build, EIA Says

The rise in exports came even as the price differential between Brent and WTI futures has narrowed in recent weeks, a move that typically discourages exports.