Middle East supplies

Oil market reflects slim chance of supply disruption, Goldman analysts say

June 27, 2025

(BOE Report)– Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the Iran-Israel ceasefire, Goldman Sachs analysts said in a note on Thursday. Fears that Iran could close the Strait of Hormuz after U.S. strikes on its nuclear facilities sent Brent crude futures to a high of $81.40 on

Biggest U.S. oil stockpile drop in a year shows tightening market

June 19, 2025

(World Oil) – U.S. crude stockpiles declined the most in almost a year last week, signaling a tighter market for American oil just as the Israel-Iran conflict threatens supplies from the Middle East. Oil inventories dropped 11.5 million barrels in the week through June 13, the steepest slide since late June 2024, according to data released Wednesday by the U.S.

Oil market reflects slim chance of supply disruption, Goldman analysts say

Biggest U.S. oil stockpile drop in a year shows tightening market

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