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The probability of a major oil supply disruption such as closure of the Strait of Hormuz estimated from options has fallen to just 4% following the Israel-Iran ceasefire, Goldman Sachs said.
In the absence of major supply disruptions, the latest medium-term forecast sees a comfortably supplied oil market through 2030 – though significant uncertainties remain, especially given rising ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% ...
The Strait is the exit route from the Middle East Gulf for around 20% of the world's oil supply, including Saudi, UAE, Kuwaiti, Iraqi and Iranian exports.
June 13 (Reuters) - Israel's attack on Iran is unlikely to cause a major disruption to oil supply, analysts at two major banks said, but a worst-case scenario involving blockades in the Strait of ...
The cartel trimmed next year’s forecast for supply growth from the U.S. and other rivals while keeping its oil demand expectations unchanged as it continues to ramp up production.
The International Energy Agency says that in 2025, the world will produce more oil than it needs, even as the Israel-Iran conflict raises the risk of supply disruptions. It forecasts a 1.8 million ...
The escalating conflict between Israel and Iran has sent oil prices higher over the past few days. If history is anything to go by, the pressure it’s putting on global energy costs will fade ...
Oil futures recovered some ground amid short-covering after three days of declines, supported by lingering Middle East risk perception and bullish inventory data in the U.S.
Oil faces reckoning as OPEC+ supply hike remains a threat With demand already in question, output boost could see prices tumble. JUN 10, 2025 By Bloomberg ...
Oil prices have fluctuated due to concerns about potential supply disruptions in the Middle East following recent Israeli strikes on Iran, but no actual supply cuts have occurred. The Strait of ...
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