Oil Market News, OPEC+, sanctions and price shocks

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www.construction-physics.com

Helium Is Hard to Replace

The war in Iran, and the subsequent closure of the Strait of Hormuz, has unfortunately made us all familiar with details of the petroleum supply chain that we could formerly happily ignore.
www.construction-physics.com www.construction-physics.com
 
rollcall.com

Year-round E15 supporters hopeful for amendment to farm bill

Supporters of year-round sales of gasoline containing a higher proportion of ethanol are optimistic after the introduction of a bipartisan amendment to the farm bill with support from both agriculture and fossil fuel state representatives. The amendment would allow the year-round sale of E15...
rollcall.com rollcall.com
 
oilprice.com

Brent Holds at $105 as Iran Talks Temper Rally | OilPrice.com

Oil prices are heading for a sharp weekly gain, with Brent steady at $105, but renewed hopes for U.S.-Iran diplomacy are capping further upside and keeping markets below the $110 threshold.
oilprice.com oilprice.com

oilprice.com

Is the U.S. Blockade of Iran a Winning Strategy or a Strategic Gamble? | OilPrice.com

A U.S. naval blockade has sharply reduced Iran’s oil exports and economic activity but has so far failed to compel Tehran into peace negotiations, raising the risk of prolonged conflict.
oilprice.com oilprice.com
 
www.csis.org

How to Interpret Wartime Oil Prices

Most oil market observers look to frequently quoted futures markets to represent the price of oil. But in the current supply disruption caused by the Iran war, the less publicized physical oil market is the best barometer of scarcity.
www.csis.org www.csis.org
 
An Aussie perspective as of 2217 hours, 25 April.

- Unleaded gasoline prices are down 50 cents per litre from their peak, average around my parts now seems to be $1.77/L
- Diesel has come off the boil pretty hard too, back to $2.50/L (hit $3.60 not two weeks ago).
- LPG has gone up 25c/L since a month ago, that one is completely unexplained and no correlation to anything as so much is made here.
 
Whoa...

Just days after the UAE publicly signaled liquidity concerns by requesting swap lines from the Federal Reserve to ease pressures on the country's banks, major Gulf oil producer, the UAE, has decided to exit the oil cartel - an unexpected development that crossed Bloomberg headlines on Tuesday morning around 0822 ET.
...
Click to expand...

First Of Many? UAE Exits OPEC As Iran Chaos Triggers Nationalistic Realignment Among Producers<!-- --> | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
 
chieftain said:
An Aussie perspective as of 2217 hours, 25 April.

- Unleaded gasoline prices are down 50 cents per litre from their peak, average around my parts now seems to be $1.77/L
- Diesel has come off the boil pretty hard too, back to $2.50/L (hit $3.60 not two weeks ago).
- LPG has gone up 25c/L since a month ago, that one is completely unexplained and no correlation to anything as so much is made here.
Click to expand...

Grab as much as you can because i imagine that was all fake paper fuckery.
 
Is the UAE/OPEC move a quid pro quo move instigated by the USA in exchange for a USD swap line? I posted this on X earlier today:

I think KSA is the lynchpin. Petrodollar was protected by KSA's influence in OPEC. Once MbS ascended to power, KSA's relationship with the USA has been a bit more contentuous. Their flirtations with the BRICS is also a concern I would imagine.

I could see the UAE/OPEC news as a signal that the USA wants to weaken OPEC/KSA power over the market. But this isn't my wheelhouse, so I could be way off base here.
 
  • The UAE’s exit from OPEC will undermine the cartel’s ability to influence the oil market.
  • This is because the UAE is second only to Saudi Arabia when it comes to spare production capacity, a crucial tool used to influence the market.
  • It also deals a blow to Saudi Arabia’s ability to manage OPEC.
www.cnbc.com

UAE's shock OPEC exit: What it means for the oil cartel's future and for crude prices

The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
www.cnbc.com www.cnbc.com
 

Countries on the hunt for new sources of oil | 7.30​

Apr 29, 2026 #ABCNewsIndepth #ABCNewsAustralia
The war in the Gulf is shaking up how the world sources its fuel.
Tankers are heading to and from suppliers in America, some for the first time.
Last week one of those ships bearing millions of litres of diesel arrived in Melbourne from Louisiana.


6:29
 
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