Saudi Arabia reroutes crude through Hormuz, easing oil price dip

cnbc.com • 17 Sep 01:59

Oil prices fell on Thursday after Saudi Arabia increased ship-to-ship transfers near the Strait of Hormuz to offset a pipeline shutdown, reducing concerns over supply disruptions.

Newsweek • 16 Sep 10:40

Analysts say supply pressures from the wars in Ukraine and Iran will push U.S. gasoline and diesel prices higher this week, with the national average already above $4 per gallon.

Fox News • 15 Sep 13:54

U.S. restrictions on Iran's oil exports and a drone strike on Saudi Arabia's East-West Pipeline have tightened global oil supplies, sending Brent crude near $110 a barrel and raising U.S. fuel prices.

Newser • 15 Sep 11:31

Chevron CEO Mike Wirth warned that the closure of the Strait of Hormuz and a key Saudi pipeline outage have removed key safety mechanisms, pushing crude and diesel prices to record levels.

Yahoo Finance • 14 Sep 14:56

Brent and U.S. crude futures rose more than 4% on Monday, reaching their highest levels since May, as new attacks on Saudi energy facilities and shipping routes heightened supply concerns.

NBC News • 14 Sep 10:28

Brent crude rose above $108 per barrel and U.S. diesel hit a new all-time high after Saudi Arabia closed a key pipeline and a meeting on the Strait of Hormuz was postponed.

CNBC • 12 Sep 12:40

U.S. crude oil futures closed above $102 per barrel, the highest since May, while analysts say China’s evolving demand will influence whether the rally continues.

Crude Oil Prices Today | OilPrice.com • 11 Sep 12:30

Energy Aspects analyst Amrita Sen said tighter supplies from the Strait of Hormuz and a rebound in Chinese crude imports are pushing global oil inventories lower and could lift prices above $100 a barrel.

Reuters • 11 Sep 01:13

Brent and U.S. crude futures are set to end the week above $100 a barrel, driven by heightened attacks on shipping routes in the Red Sea and Strait of Hormuz, while analysts watch Chinese demand and OPEC output data.

NBC News • 09 Sep 19:12

Brent crude closed at $101.21 per barrel, its highest level since May, after U.S. military action against Iranian tankers and retaliatory attacks heightened market concerns.

HuffPost • 09 Sep 09:28

Brent futures rose above $100 a barrel amid heightened worries over Middle East disruptions, while U.S. crude also hit its highest level since early June.

Crude Oil Prices Today | OilPrice.com • 07 Sep 09:30

Goldman Sachs warned that intensified attacks on Middle East shipping could push crude prices toward $120 a barrel, while recent U.S. strikes on Iranian tankers have lifted Brent and WTI above $95 and $92 respectively.