Sunday, June 8, 2025

South Korea’s U.S. crude imports jump in September; no imports from Iran

Source: Reuters SEOUL (Reuters) – South Korea’s crude oil imports from the United States more than doubled in September, while its imports of Iranian oil remained zero for a fifth month in a row due to U.S. sanctions, customs data showed on Tuesday. U.S. crude oil imports were 1.62 million tonnes in September, or 395,190 barrels per day (bpd), compared

https://www.chron.com/business/energy/article/One-Month-After-Worst-Oil-Supply-Halt-Aramco-14519688.php?cmpid=ffcp#photo-18379278-oag360

One month after worst oil-supply halt, Aramco says all clear

Source: Houston Chronicle In the early hours of a sweltering Saturday in September, a volley of missiles pierced the heart of Saudi Arabia’s oil industry, knocking out 5% of global production. A month later, it’s as if the attack never happened. Saudi Aramco says it’s currently pumping 9.9 million barrels a day, the same as before the Sept. 14 attacks

Oil drops after biggest gain in a month as trade optimism ebbs

Source: Houston Chronicle Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook. Futures in New York fell as much as 1.4% after gaining 2.2% in the previous session. Washington and Beijing made several concessions to reach a partial trade