Headlines Flash
Wed, Jun 10 05:58 PM

??????? #oil

58 headlines

FinanceBloomberg Markets9h ago

Suez Canal Gets Oil-Tanker Boost Amid Hormuz Strait Shutdown

The number of oil tankers crossing Egypt’s Suez Canal surged by almost a third in April and drove revenue to the highest since early 2024, as the closure of the Strait of Hormuz spurred an alternative Red Sea energy route.

FinanceBloomberg Markets11h ago

Ziemba: US Strategic Reserves Lowest in Over 40 Years

Oil prices rose after fresh US and Iranian strikes in the Gulf. President Donald Trump blamed Tehran for shooting down an American military helicopter off the coast of Oman.   Rachel Ziemba, Founder of Ziemba Insights, spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the...

FinanceBloomberg Markets13h ago

China Taps Commercial Oil Stockpiles to Help Weather Gulf Shock

China has started tapping its commercial crude reserves to help offset the supply shock from the Iran war, although the world’s biggest oil importer is continuing to prioritize lower refinery use and fuel export limits to manage the fallout.

FinanceBloomberg Markets13h ago

China Taps Commercial Oil Stocks to Help Weather Gulf Shock

China has started tapping its commercial crude reserves to help offset the supply shock from the Iran war, although the world’s biggest oil importer is continuing to prioritize lower refinery use and fuel export limits to manage the fallout.