Shell, Equinor Warn Energy Market is Struggling to Offset Disruptions

Global energy markets face lengthening period of tight supply and price volatility

Attacks on oil tankers in the Middle East helped push crude prices towards $110 a barrel this week for the first time since May. Refined...

China Charges Back Into The Oil Market As Hormuz Chaos Sends Crude Toward $110

China is returning to the global oil market after months of leaning heavily on its own crude stockpiles as Middle East disruptions squeeze supplies.

China charges back into the oil market as Hormuz chaos sends crude toward $110 - The Daily Bo Snerdley

China is returning to the global oil market after months of leaning heavily on its own crude stockpiles, adding another source of demand as Iran war disruptions squeeze supplies and oil prices surge. China — the world’s largest crude importer — helped cushion global markets earlier this year by dramatically cutting its purchases as the war in the Middle East disrupted flows through the Strait of Hormuz. Chinese crude imports averaged just 8.1 mi…

Energy market shock absorbers weakening, Shell and Equinor warn

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Energy market shock absorbers are wearing down, Shell economist says

Resilient energy markets might start to wobble as US-Iran conflict wears on, Adam Ritchie argues