… Gasoline exports from the refinery fell to 17,000 barrels per day in May and stand at 10,000 bpd in June so far, according to data from commodities analytics firm Kpler, compared to highs of since June last year, with 81,000 bpd in April.
… ource on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize Four Iranian-flagged oil tankers passed through the Strait of Hormuz on Monday, a first since April 15 and the US blockade of Iranian ports, according to maritime tracking firm Kpler …
… More than half of the crude imported by sea to China comes from the Middle East and mainly transits through the strait, according to maritime analytics firm Kpler. …
… a.push({ mode: 'thumbnails-m', container: 'taboola-mid-article-thumbnails', placement: 'Mid Article Thumbnails', target_type: 'mix' }); Saturday's data from China does not distinguish between oil arriving by sea and oil coming in via pipeline. Data from ship-tracking firm Kpler …
… The current Brent futures contract for June delivery expired on Thursday, which contributed to its drop, said Naveen Das, senior oil analyst at Kpler. …
… The Iranian-flagged oil products tanker Niki, which is subject to U.S. sanctions, was among the few vessels that sailed out of the strait with no destination listed, Kpler analysis and tracking data on the MarineTraffic platform showed on Friday. …
Nigeria's Dangote oil refinery has reduced its gasoline-making unit (RFCCU) by 34% since May 21 due to insufficient crude feed and a flue gas slide gate valve issue, with repairs nearly complete and full-rate operations expected by mid-June, according to industry monitor IIR Energy.
Nigeria's Dangote oil refinery has reduced its gasoline-making unit (RFCCU) by 34% since May 21 due to insufficient crude feed and a flue gas slide gate valve issue, with repairs nearly complete and full-rate operations expected by mid-June, according to industry monitor IIR Energy.
Four Iranian-flagged oil tankers carrying a total of seven million barrels passed through the Strait of Hormuz on Monday, their first passage since April 15 when the US blockaded Iranian ports, according to maritime tracking firm Kpler. The ships, which loaded cargo in mid-April from Kharg Island, typically transfer oil at sea to other tankers destined for China.
US President Donald Trump and Chinese President Xi Jinping held a meeting on Thursday in which they agreed that the Strait of Hormuz "must remain open to support the free flow of energy," according to the White House. Iran has largely blocked shipping through the vital waterway since the outbreak of war with the United States and Israel on February 28.
China's crude oil imports fell 20% in April to 38.5 million metric tons compared to a year earlier, hitting their lowest level since July 2022, as closure of the Strait of Hormuz restricted supplies to the world's largest oil importer.
Brent crude rose to more than $126 a barrel after a report that the US military plans to brief President Trump on potential military action in Iran, with energy prices climbing as peace talks stall and the Strait of Hormuz remains effectively closed. About 20% of the world's oil and LNG usually passes through the strait.
Only five ships passed through the Strait of Hormuz in 24 hours, Friday shipping data showed, after Iran seized two container ships and the U.S. continues to blockade Iranian ports. Passage through the critical waterway has collapsed from an average of 140 daily passages before the Iran war began on February 28, disrupting a fifth of the world's oil and liquefied natural gas supplies.