EUROPEAN WINDOW
A free overview of the market at the end of the London trading day
Latest
Brent holds near $92.67 as US strikes Bandar Abbas; Russia cuts oil forecast to 17-yr low; LNG "dark fleet" doubles.
Brent Regains as QatarEnergy Extends Force Majeure
Brent recovers to $88.28 as Qatar extends LNG force majeure, Germany fills gas storage, Energean eyes BP's Egypt assets.
Brent Trades in $2 Range as SoH Traffic Ticks Up
Brent dips as Hormuz traffic ticks up, Dar Blend returns to Singapore, Turkey diesel imports hit record, Qatar/Kuwait exports rebounds.
Brent Firms as Saudi Aramco Offers More Loadings
Brent climbs as Aramco reroutes cargoes, India avoids blacklisted tankers, Japan backs Hormuz bypass pipelines, Brazil extends subsidy.
Brent falls alongside Iranian-Omani plan to de-mine the Strait of Hormuz
Oman and Iran have agreed on a proposed framework to resume safe navigation through the Strait of Hormuz...
Brent Eases As Sinopec Looks Towards Non-Middle Eastern Suppliers
Brent falls as Sinopec diversifies crude sourcing; Hormuz flows persist, while IEA rules out another reserve release for now.
Brent climbs above $94/bbl on renewed US-Iran tensions
The number of offers for Iranian oil cargoes to China for September and October delivery has declined relative to July-August...
Brent rises as US increases pressure on Iran
US President Donald Trump has threatened "economic warfare and isolation on an unprecedented scale" against Tehran....
Brent sees support on continued supply uncertainty
Oil shipments from Russia's western ports have fallen to 2.3mb/d in 1H August, 15% short of the initial loading plan amid disruptions....
Brent Rises as US Prepares to Help Refiners Increase Fuel Output
Brent rises as US seeks higher refinery runs; Asian buyers reroute Saudi crude, while Chinese shippers avoid key chokepoints.
Brent Eased as Novorossiysk Resumes Operations
Novorossiysk resumes after drone disruption; Russia imports Indian gasoline, while China throughput rises but stocks see a major draw.
Brent Climbs As Drones Hit Sheskharis Terminal
Russian exports disrupted, Turkey cuts Black Sea purchases, while India’s Russian crude reliance hits a record despite tariff risks.
Brent Strengthens on New US Aircraft Carrier Headed to Middle East
Saudi crude allocations disrupted, Russian product exports fall and Orsk shuts; Qatar LNG remains uncertain amid Hormuz risks.