Oil and gas
Trafigura and Vitol sell more Venezuelan oil to Asia as war roils supply
Growing volumes of Middle Eastern crude offers have also pressured prices recently
China’s Hengli seeks West African, Middle Eastern oil after US sanctions: sources
Hengli said in late April it would seek a legal path for removal from the sanctions list
Oil market calm masks a host of unknowns
Traders are mostly operating in the dark regarding inventory, global demand and geopolitical uncertainty
Oil jumps as Iran and Israel exchange fire with ceasefire at risk
Even if a US-Iran peace deal is agreed, multiple hurdles will impede normal resumption of oil flows
Opec+ to boost oil production as US-Iran ceasefire remains elusive
The effective shutdown of Hormuz makes the increase largely symbolic
Oil prices fall on mounting hopes for de-escalation in US-Iran War
Iranian oil exports have fallen to their lowest level in six years mainly due to the US naval blockade
The Iran conflict is prompting a historic shift in Asean’s energy strategy
Asia bears the brunt of oil supply disruption, triggering a move to domestic investment and energy security
Oil prices rise more than 2% as Israel steps up incursion into Lebanon
The Israel-Lebanon conflict has been the broadest spillover of the Iran war
Strait of Hormuz ship transits are rising thanks to US help
Some of the ships that have crossed belong to companies that had not transited Hormuz since the war began
From oil to coffee beans: Traders in Singapore find ways to deal with Middle East disruptions
The ongoing volatility has created opportunities for independent energy trader Vitol and its peers