Posted to Maritime Reporter
on
June 8, 2026
The market is surprisingly calm despite the biggest oil supply shock since decades. There's no end in sight, as neither Iran nor the U.S. are willing to compromise. This disconnect is a reflection of an uncomfortable truth: The biggest drivers in today's energy markets are unknowns.
Posted to Maritime Reporter
on
June 8, 2026
The largest oil supply shock since decades is now in its fourth month. There's no end in sight, as neither the U.S. or Iran seem willing to compromise. Yet the market has settled into a eerie calm. This disconnect is a reflection of an uncomfortableā¦
Posted to Maritime Reporter
on
May 21, 2026
A European diplomat in Washington demanded an answer from the U.S. government when Donald Trump said on April 7 to Iran that "a civilization will die tonight." The diplomat was concerned about the possibility of the president using a nuclear weapon.
Posted to Maritime Reporter
on
May 13, 2026
Data from the Petroleum Association of Japan showed that Japanese refineries processed oil at over 70% of their capacity for the first since March. This was due to crude being released from their stockpiles, and other alternative sources. Japanā¦
Posted to Maritime Reporter
on
April 20, 2026
Shipping data revealed that an oil tanker was heading to South Korea's HD Hyundai Oilbank, after passing the Strait of Hormuz. Kpler data showed that the Malta-flagged Odessa sailed through the strait in April 2013, but it did not specify where the tanker loaded its oil.
Posted to Maritime Reporter
on
April 17, 2026
A senior Iranian official said on Friday that there are still significant differences between Iran and the United States in order to reach an agreement to end the 'war.' He added that the U.S. must adhere to the ceasefire terms if it wants to keep the Strait of Hormuz opened.
Posted to Maritime Reporter
on
April 10, 2026
A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The officialā¦
Posted to Maritime Reporter
on
December 22, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who usedā¦
Posted to Maritime Reporter
on
October 20, 2025
China's crude stockpile flow dropped dramatically in September, as lower imports combined with increased refinery processing reduced the excess that was available to store. China's crude oil surplus was 570,000 barrels a day (bpd), down from 1,01 million bpd, in September.
Posted to Maritime Reporter
on
October 20, 2025
China's crude stockpile fell sharply in September, as a result of lower imports and increased refinery processing. According to calculations based upon official data, China's crude surplus in September was 570,000 barrels a day (bpd), down from 1,01 million bpd during August.
Posted to Maritime Reporter
on
February 13, 2025
Five sources and shipping data indicate that a few newer Chinese terminals have recently begun receiving oil tankers sanctioned from the U.S. This has provided logistical relief after a large port operator suddenly banned such deliveries last week.
Posted to Maritime Reporter
on
April 9, 2026
?Commodities traders Glencore and Taiwanās state refiner CPC chartered a vessel each to load Middle Eastern oil for Asia.?Vessels in the Gulf prepare?to leave via the Strait of Hormuz a day...after the 'ceasefire' in the U.S.Iran war. The twoā¦
Posted to Maritime Reporter
on
March 23, 2026
The?U.S. The?U.S. Bessent also ruled out any calls for tax increases in the "Meet the Press'" program on NBC News. Congress is sceptical about the U.S. government's request to spend $200 billion more on the Iran war after spending large amounts of money for defense last year.
Posted to Maritime Reporter
on
March 12, 2026
Asia's scramble to get LNG to replace the output that was cut off by the war in the Middle East has drawn a slew of cargoes from Europe. At least one U.S. shipment is now destined for China. This would end a year long halt on?such _imports because of tariffs.
Posted to Maritime Reporter
on
March 6, 2026
As buyers scramble to find replacement cargoes, more tankers are diverting their shipments towards Asia. The Middle East conflict has halted?tanker?traffic through the Strait of?Hormuz. It also disrupted the supplies of Qatar, which is the world's?second largest?seller of fuel.
Posted to Maritime Reporter
on
March 3, 2026
Iraq has reduced oil production by almost 1.5 million barrels per day. These cuts could increase to over 3 million bpd in a few days, as the country is running out of storage space and can't export crude oil due to the Iran Crisis. Iraqi officialsā¦
Posted to Maritime Reporter
on
February 24, 2026
The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuelaā¦
Posted to Maritime Reporter
on
February 24, 2026
A major military conflict between the U.S., Iran and other countries could cause a disruption of Middle East oil supply. It could be that the vast oil reserves held by the U.S. or China are crucial in controlling it. As the American military builds up in the regionā¦
Posted to Maritime Reporter
on
February 20, 2026
According to daily headlines, the?premium built into crude oil prices due to tensions between Iran and the United States fluctuates. But there is a underlying assumption that all will be well. Brent crude oil futures closed at $70.35 per barrel, a 4.4% increase.
Posted to Maritime Reporter
on
December 23, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by changing output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who usedā¦
