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Real-time News
2026-06-21
Iran's deputy oil minister said Iraq plans to gradually restore crude oil output to 4.2-4.3 mln bpd, the level before the US-Iran conflict.
Iran's deputy oil minister said Iraq plans to gradually restore crude oil output to 4.2-4.3 mln bpd, the level before the US-Iran conflict.
2026-06-21
Iran's Deputy Oil Minister: Iraq plans to gradually restore crude oil production to the level of 4.2-4.3 million barrels per day before the US-Iran conflict.
Iran's Deputy Oil Minister: Iraq plans to gradually restore crude oil production to the level of 4.2-4.3 million barrels per day before the US-Iran conflict.
2026-06-21
After a US–Iran peace agreement sent crude futures sharply lower, previously dormant OTC option positions betting on an oil supply glut have resurfaced. Before a US strike on Iran, some traders had positioned for contango (near-month below forward mo
After a US–Iran peace agreement sent crude futures sharply lower, previously dormant OTC option positions betting on an oil supply glut have resurfaced. Before a US strike on Iran, some traders had positioned for contango (near-month below forward months); the subsequent conflict flipped the curve into strong backwardation — in late April WTI August traded >$5/bbl above September and September ~ $4/bbl above October. That move left more than 20,000 cash-settled put contracts (≈20 mln bbl/month) nearly worthless. With inter-month spreads now narrowed to under $1/bbl and prices back near pre-conflict levels, those puts have regained reference value. CFTC weekly data show hedge funds and other large specs cut net-long Brent to a six-month low, down roughly 75% since end-March, indicating materially more bearish directional positioning.
2026-06-21
UKMTO said the vessel, after an unspecified incident, is en route to its next port of call.
UKMTO said the vessel, after an unspecified incident, is en route to its next port of call.
2026-06-21
The UK Maritime Trade Organization says the ship is heading to its next port of call after encountering an emergency.
The UK Maritime Trade Organization says the ship is heading to its next port of call after encountering an emergency.
2026-06-21
UKMTO said vessels took evasive action and altered course to avoid a small boat carrying armed personnel.
UKMTO said vessels took evasive action and altered course to avoid a small boat carrying armed personnel.
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