Gulf Oil Is Still Flowing Despite a Surge in Attacks on Ships
Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
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Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
Bulgaria has just broken ranks amid widespread European criticism over the Trump-Putin diesel deal announced last week, with the NATO country's Prime Minister Rumen Radev stunning Brussels in fresh remarks. "You know what is our problem right now in Europe? High fuel prices," Rad
PT Pertamina Patra Niaga menghadirkan SPBU Modular dengan produk BBM Pertamax Turbo di dalam area Sirkuit Pertamina Mandalika.
A surge in Iranian drone attacks on commercial ships appears to be weighing on Middle Eastern energy exports through the Strait of Hormuz, with 24 attacks reported so far this month. The latest reports from Wednesday morning indicate that two Emirati container ships were struck a
Mainboard-listed First Resources has disputed suggestions that the fires originated from its plantations.
In a notable financial scenario, the Indian rupee appreciated by 0.1% against the dollar, securing its fourth consecutive day of gains. This uptick was attributed to decreasing oil prices alongside a boost in Indian stock performance, which went against the regional market tide.
US Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform procurement policies. He also advocated nuclear energy investments and stronger IMF scrutiny of global economic imbalances, reflecting the T
Risiko Gangguan Pasokan Minyak - Harga Batu Bara Tembus USD 150 per Ton
Harga minyak jenis West Texas Intermediate (WTI) AS melemah US$1,02 dolar AS atau 1,07 persen menjadi US$94,07 dolar AS per barel.
BI mengungkap faktor eksternal yang menekan Rupiah, termasuk inflasi AS dan konflik Timur Tengah. BI akan terus intervensi untuk stabilitas nilai tukar.
Negara mendapat tambahan penerimaan dari lelang aset hulu minyak dan gas bumi (migas) milik PT Pertamina Hulu Rokan (PHR) di Minas, Kabupaten Siak, Riau.
Further disruptions to Middle East oil supplies stemming from the Iran war are feared to fuel inflation.
As global capital flows towards clean energy and artificial intelligence, Hong Kong billionaire Li Ka-shing’s business group has expanded its oil exposure in a move analysts see as a buffer against geopolitical risks and a play for steady cash flow. The first major investment mov
Kelompok Houthi mengancam serangan berkelanjutan ke bandara dan fasilitas minyak Saudi sebagai balasan atas serangan Saudi di Yaman.
Recent US-Greenland-Denmark agreement excludes mining or drilling rights while reinforcing Greenland's sovereignty.
Brent crude is once again over $106, Iran is intensifying attacks on tankers in Hormuz, and global inventories are draining, while OPEC just forecast stronger demand for next year. Six months ago, one well-timed TruthSocial post by President Trump would have calmed traders down.
The United States has used a 1950 authority to help boost fuel production at a small Texas refinery, Vice President JD Vance said on Tuesday, as the Trump Administration is running out of levers to lower record-high fuel prices. “I am pleased to announce that the Trump administra
The World Bank needs profound reforms, including reversing a ban on upstream oil and gas financing, U.S. Treasury Secretary Scott Bessent said in a statement for the World Bank Development Committee and the IMF International Monetary and Financial Committee. The World Bank has ma
Approval for more oil and gas drilling at the North Sea sites Jackdaw and Rosebank have been delayed by “government process” and lengthy bureaucratic wrangling, Prime Minister Andy Burnham has said. Burnham told MPs that he would take a “pragmatic approach” on oil and gas drillin
Iran has quite obviously been surging its attacks on commercial shipping in the Strait of Hormuz in an attempt to wreak uncertainty and economic havoc for the Trump administration ahead of the November midterm elections, undermining a recent recovery in Persian Gulf oil shipments
President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries.
The waters outside the Strait of Hormuz have been so overcrowded with ship-to-ship transfers to keep oil flowing out of the Persian Gulf that the STS operations are expanding into India’s West Coast. A total of 82 cargoes, or about 680,000 barrels per day (bpd), were transferred
Lithium prices have slumped, following a deal between the European Union and China that will cut Chinese hybrid car exports to the bloc. Since the start of the week, China’s most actively traded lithium futures contract has dropped by 14%, Bloomberg reported earlier today. The oi
Silver prices fell sharply on October 14 as rising crude oil prices, a stronger dollar and caution ahead of US inflation data weighed on sentiment.
Crude oil prices retreated from yesterday’s highs earlier today, on the news that President Trump was considering lifting sanctions on tankers used to transport oil and fuels from Venezuela, Russia, and Iran in a bid to ease a deepening tanker crunch. At the time of writing, Bren
Russian strikes on October 13 and 14 cut power to at least 600,000 people in Ukraine, Zelenskyy said, four days after the Trump administration licensed imports of Russian diesel while pressing Ukraine to stop striking Russian refineries. Zelenskyy said Russia launched 39 ballisti
Bali Regional Secretary Dewa Made Indra announced three days of work from home (WFH), from October 15-17, 2026, to ...
Bahlil Dipanggil ke Istana, Bahas Kelangkaan BBM di Bali
Saudi Aramco’s newest joint venture refinery in China has received its first cargo of Arab crude as it prepares for start-up, the Saudi oil giant said in a statement to Bloomberg on Wednesday, without providing a timeline for the start of commercial operations. Saudi Arabia and i
Firms turning crude oil into the ‘workhorse’ fuel stand to gain most despite economic fallout from record prices Days after Donald Trump announced a deal to import Russian diesel into the US in an effort to lower soaring pump prices, the world’s energy watchdog has warned that th
Antrean panjang SPBU sepeda motor terjadi di wilayah Denpasar, Badung, hingga Tabanan Bali pada Selasa (13/10).
Diesel prices have hit record highs across Europe and in the US in recent weeks.
Menko Hilirisasi dan Transisi Energi Bahlil Lahadalia hari ini merapat ke Istana Kepresidenan, Jakarta Pusat.
Rolling coverage of the latest economic and financial news, including the IMF meeting in Thailand and the IEA’s new oil market report Global financial system is failing developing countries, says Ed Miliband UK government borrowing costs are dropping this morning, which will plea
European companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing stock market composition, AI-related spending, global operations and stronger risk management. However, a prolonged energy shock could still
Indian government bonds faced a downturn, attributed to soaring oil prices and statements from the Reserve Bank of India. The yield on the benchmark 6.94% 2036 bond rose following the central bank's recent rate hike. Geopolitical tensions involving Yemen and Saudi Arabia also pus
Kementerian ESDM menyatakan antrean BBM di Bali akan teratasi segera setelah kapal pengangkut tiba. Distribusi dilakukan nonstop untuk pemulihan cepat.
Masyarakat Bali kesulitan mendapatkan BBM akibat keterlambatan distribusi. Stok aman, dan Pertamina optimalkan pengiriman untuk pemulihan cepat.
Chinese stocks edged lower as AI-related shares weakened and mixed inflation data heightened concerns over domestic demand. The CSI300 declined, while energy and consumer staples stocks advanced amid rising oil prices. Technology shares remained under pressure, and HSBC cut year-
Indian equities traded nearly flat after a sharp rally in the previous session, with IT stocks extending gains while pharma shares declined. Analysts flagged elevated US bond yields and crude oil prices as headwinds, even as short-covering and hopes of tax relief supported sentim
It comes as ministers say they will tighten up rules on heating oil and promote competition.
Harga sejumlah komoditas energi dunia melonjak sepanjang 2026, mulai dari minyak mentah, batu bara, hingga gas alam
The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.
Efek Harga Minyak - Gas Naik, Biaya Produksi Meroket Hingga Inflasi Terancam Melonjak
Sementara itu, harga minyak mentah West Texas Intermediate (WTI) Amerika Serikat menguat 80 sen atau 0,9 persen menjadi US$94,94 per barel.
MSCI Inc.’s Asia Pacific equities index advanced 0.2%. A selloff in semiconductor stocks sent the gauge to its weakest close since August on Tuesday. Earlier, the S&P 500 pared earlier losses to close little changed after New York Fed President John Williams said he continued to
Kesepakatan pasokan BBM yang diteken oleh Presiden Amerika Serikat (AS) dan Presiden Rusia Vladimir Putin dinilai tidak akan mampu menurunkan harga bahan bakar.
A bipartisan group of 12 senators called on the president to drop his decision to ease sanctions on Russia’s exports of diesel fuel, saying the deal would help Moscow continue the war in Ukraine.
The U.S. Consumer Price Index (CPI) report is due to be released on Wednesday, with economists predicting that key inflation metrics continued to moderate in September despite elevated oil prices, giving the Fed room to slow down on interest rate hikes. For September, economists
An escalation of Iranian attacks on tankers in Hormuz threatens the recent rebound in Gulf supply.
The Middle East crisis has driven tanker rates to all-time highs and created a shortage of vessels. This oil logistics problem is now causing a ripple effect, tipping the heavy crude market in North and South America into oversupply—while Asia and Europe grapple with a shortage o
The LNG supply out of the Middle East has not recovered in any meaningful way seven and a half months after the Iran war choked oil and gas shipments through the Strait of Hormuz. Since March, some occasional LNG cargoes have managed to squeeze through the chokepoint where a fift
Oman was India’s single biggest LNG supplier in September, toppling the United States that held the top spot for months after the Iran war began, as European buyers are snapping up American cargoes and intensifying the competition of spot U.S. supply with Asia. The arbitrage econ