Az Egyesült Államok, Izrael és Irán háborújának első három hónapjában az uralkodó hangulat az olajpiacokon az volt, hogy a konfliktus bármelyik nap véget érhet. A rövid júniusi tűzszünet megerősítette ezt az optimizmust, így tovább tartott a tényekkel való szembenézés: a háború nem ér véget egyik napról a másikra. Akár jövőre is elhúzódhat – ez pedig hosszabb ideig tartó magasabb árakat jelent. Az ICE Brent crude határidős szerződés 2027 januárjára hordónként 102,59 dolláron forog. A 2027. júniusi kontraktus csak valamivel alacsonyabb, hordónként 92,71 dollár, a decemberi pedig...
For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shortage, and traders have gone bullish. They are especially bullish on fuels in the United States, it seems. The world’s biggest crude oil consumer and the biggest exporter of crude and fuels has not managed to avoid a supply squeeze at…
Pakistan’s five oil refineries are expected to sign agreements in early September for upgrades that are expected to unlock as much as $6 billion in investment in the country’s refining sector. Representatives of the five refineries, Pak Arab Refinery Limited (PARCO), Pakistan Refinery Limited (PRL), National Refinery Limited (NRL), Cnergyico, and Attock Refinery Limited (ARL), have met with Pakistan’s Federal Minister for Petroleum, Ali Pervaiz Malik, to discuss the so-called Refinery Upgradation Policy, local daily Business Recorder…
Ukraine continues to pound Russian refineries in nearly daily drone attacks that damage refining infrastructure, deepen the fuel crisis in Russia, and tighten global fuel markets. In the latest attack on Monday night, Ukrainian forces hit the 180,000-barrels-per-day Afipsky refinery in the southern Russian region of Krasnodar. A fire broke out at the refinery as a result of the strike, the governor of the Krasnodar region, Veniamin Kondratiev, wrote in a post on Telegram on Tuesday. At least 10 homes were damaged in the Afipsky village and…
