Yongchang Chin

A handful of Chinese oil refiners are due to get no term crude shipments from Saudi Arabia next month due to a combination of weaker local demand for such cargoes, plus constraints on flows through the Strait of Hormuz bloomberg.com/news/articles/…

Abu Dhabi National Oil Co. is broadening the options for long-term customers to take offshore oil from outside the Strait of Hormuz, stepping up efforts that enable buyers to circumvent the chokepoint bloomberg.com/news/articles/…

China’s crude imports look poised to recover from a months-long slump as the country relaxes fuel export curbs, raises run rates and snaps up Middle East supplies, with analysts and traders forecasting a return to strategic stockpiling later this year. bloomberg.com/news/articles/…

Prices for gasoline, diesel and jet fuel are rebounding even as crude oil eases, a rare divergence that’s swelling costs for peak-season travelers bloomberg.com/news/articles/…

India’s state-owned Oil and Natural Gas Corp. approved an expansion of the country’s strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war bloomberg.com/news/articles/…

Saudi Arabia’s attempts to revive oil flows from its reopened Ras Tanura terminal on the Persian Gulf are running into caution from customers. bloomberg.com/news/articles/…

Chinese oil refiners have been granted more permits to export gasoline, diesel and jet fuel this month, according to people familiar with the matter, in a major relaxation of restrictions imposed during the Iran war bloomberg.com/news/articles/…

Tens of millions of barrels of Iranian oil already on tankers have been left in limbo after the US walked back a waiver allowing the Islamic Republic to sell the crude bloomberg.com/news/articles/…

Not my story getting a shoutout from Trump himself bloomberg.com/news/articles/…

India’s state-run refiners are in talks with traders marketing Iranian crude, and are preparing to buy barrels if the US extends waivers beyond August or eases restrictions, according to people familiar with the matter. bloomberg.com/news/articles/…

Saudi Arabia made big reductions to its main crude oil price for buyers in Asia, selling barrels at a discount for the first time since it embarked on a price war in 2020, as a surge of global supply heightens competition to find buyers. bloomberg.com/news/articles/…

The oil market's stunning reversal from supply shock to surplus is fanning fears of a global glut. bloomberg.com/news/articles/…

There is still no lasting peace deal in the Persian Gulf, but energy-hungry Asia is already drawing energy lessons from four months of war: it needs bigger buffers, a greater diversity of fossil-fuel suppliers, and a better mix of power sources overall bloomberg.com/news/articles/…

French oil major TotalEnergies SE is offering millions of barrels of Iraqi crude that can be promptly delivered to Asia, according to traders, adding to a market already brimming with supply bloomberg.com/news/articles/…

China’s independent refiners are taking advantage of cheaper Middle Eastern oil after flows accelerated through the Strait of Hormuz, snapping up barrels from producers including Saudi Arabia and Iraq bloomberg.com/news/articles/…

Saudi Arabia is taking the unusual step of selling millions of barrels of oil on an ad-hoc basis to customers in Asia, illustrating the complex task of restoring flows throttled by the Iran war bloomberg.com/news/articles/…

The UAE’s biggest oil company is proposing a new pricing methodology for the sale of crude supplies to term customers, opting for an approach that’s more aligned with wider regional trading norms bloomberg.com/news/articles/…

Oil output from Persian Gulf nations is ramping up so quickly as the Strait of Hormuz reopens that Asian refiners, already adequately supplied, are pushing some crude to destinations as far afield as California bloomberg.com/news/articles/…

Qatar has joined Persian Gulf nations in reviving crude sales, as regional producers crank up activity following the US-Iran interim peace deal bloomberg.com/news/articles/…

Key parts of the oil market are suddenly awash in supply, as a stream of cargoes out of the Strait of Hormuz accelerates after the US-Iran agreement to open the waterway. bloomberg.com/news/articles/…