Geopolitics & Supply
Brent crude swung from $72 to $118 a barrel in the second quarter, EIA says
Brent crude ranged from $72 to $118 a barrel in the second quarter as Strait of Hormuz disruptions squeezed global oil supply, the EIA said.
EIA · 18d
Section
Geopolitics & Supply
Hormuz, sanctions, chokepoints, and the security of global supply.
What this section covers
- ▪Strait of Hormuz and chokepoints
- ▪Sanctions and embargoes
- ▪Security of supply
- ▪Conflict and outage risk
Geopolitics & Supply
U.S. petroleum exports hit record 13.6 million b/d in April
Crude, propane and distillate all set records as Strait of Hormuz disruptions pushed global buyers toward U.S. barrels in April, EIA data show.
EIA · 25d
Geopolitics & Supply
U.S. jet fuel output hits record as Hormuz closure lifts prices
U.S. refiners pushed jet fuel production above 2 million barrels a day for the first time on record after the Strait of Hormuz closure cut Persian Gulf supply to Europe and Asia.
EIA · 55d