It is surely no coincidence that Tuesday’s attack on energy facilities in the Kingdom came just two days after four commercial ships, including two Saudi oil tankers, were sabotaged off the UAE coast.
May 15, 2019
Oh, to be a fly on the hull of the Iranian tanker that broke down in the Red Sea off the Saudi coast.
May 04, 2019
Oil continued its rally, driven by involuntary supply losses from Venezuela, Iran and Libya. The market has steadily tightened for the second month in a row and it seems that Brent has settled around the $70 per barrel mark.
April 13, 2019