Two weeks ago, KPC said it would be able to reach around 2mn b/d within two months, now it says it can do it in a week. Tanker logistics will be a key factor in how this plays out #OOTT

How fast and far will the UAE increase oil production if the US-Iran MoU holds, now that it's free of Opec restrictions? @IEA points to a quick ramp up to record highs as soon as Q3 #OOTT

In case you only read about it today, here is @MeesEnergy's report from *last week* detailing the 7 #Syria #oil fields awarded to #US firm HKN and the #gas contract to ConocoPhillips which was signed today 👇 mees.com/2026/6/12/oil-gas/h… #OOTT

"Let the oil flow" #OOTT

Following intensive talks, we are pleased to announce that the Peace Deal between the United States of America and Islamic Republic of Iran has been REACHED. Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon. The official signing ceremony will be on Friday, 19 June in Switzerland. We would like to thank the United States of America and the Islamic Republic of Iran for their commitment to finding a diplomatic solution to the conflict. We would also like to extend our sincere appreciation to our brothers in this mediation effort, the great leadership of State of Qatar, for their support in reaching this agreement. I would also especially thank the visionary leadership of Kingdom of Saudi Arabia and Republic of Türkiye for their immense contributions in this regard. With the agreement now in place, mediators will facilitate a series of meetings this week. These pre-implementation discussions will lay the foundation for the technical talks and the official signing ceremony. @realDonaldTrump @JDVance @SecRubio @SteveWitkoff @SEPeaceMissions @drpezeshkian @mb_ghalibaf @araghchi

Oil market 1.2 billion barrels in the hole from Hormuz, oil market will need at least a year to rebalance - CEO Shell #oott

Check out this week's front cover of MEES. #OOTT #Oil

Kurdistan’s oil export pipeline to Turkey offers a potential economic lifeline for Baghdad, if it can only convince IOCs there to restart production. So far, IOC executives aren’t buying security pledges from Iraq’s new prime minister. Read about it here: tinyurl.com/mr2neruy

Great reminder that the buffer from oil inventories is almost gone and that means the oil price crunch is coming. “We’re starting to get down to that level where we’re seeing warnings that reaching minimum operating levels. And that’s when the crunch point will really come. That’s when we could see some pretty parabolic movements for oil prices as shortages start to physically manifest.. But policymakers still seem to be relatively quiet on this front, perhaps not wanting to scare their voters too much.... But I think come the summer, come July, August, we’re going to start to see that very much move to the foreground.” Jamie Ingram MEES Thx @Jamie__Ingram @sean_evers @gulf_intel #oott

Getting stranded #oil tankers out of the Gulf is like a SPR release hitting the market but doesn't mean a return to normal Gulf oil production & shipping that requires empty tankers to go into the Gulf to load. “the opportunity for those tankers shut inside the Gulf to get out of there. Yes, that would be a bit like a SPR release. A nice wash of oil that would hit the markets….And until you are willing to have empty tankers going into the Gulf, then the Gulf producers can’t start to unload the inventories they have built up onshore.” Jamie Ingram MEES Thx @Jamie__Ingram @sean_evers @gulf_intel #oott

Can diplomacy reopen the #StraitofHormuz before tightening inventories spark a global energy crunch? SoundCloud: tinyurl.com/2cbm6u4m Spotify: tinyurl.com/4brhscsy Apple Podcast: tinyurl.com/3c7yn4sh #DailyEnergyMarkets #EnergyMarkets #OilMarkets #BrentCrude #StraitOfHormuz #GlobalEnergy #EnergySecurity #OilPrices #Geopolitics #MiddleEastEnergy #EnergyTransition #CrudeOil #OilAndGas @NarendraTaneja @AliAlriyami19 @IliaBouchouev @Jamie__Ingram @MeesEnergy

Check out this week's front cover of MEES. #OOTT #Oil

Last year was a turning point for battery storage in the Middle East, with a wave of new projects announced across the region.

New @OxfordEnergy Oxford Energy Forum - Unpacking the Hormuz Crisis: Implications for energy markets and the energy transition oxfordenergy.org/wpcms/wp-co…

Less oil, more money. Saudi oil export revenues increased to $24.7bn in March - their highest level since October 2022, @Stats_Saudi data shows. Higher prices more than offset reduced volumes #OOTT

RT @FaisalbinFarhan: The Kingdom of Saudi Arabia highly appreciates the US President Donald Trump's decision to give diplomacy a chance to…

Adnoc CEO says it will take at least 4 months for 80% of pre-conflict oil flows to return, even if Hormuz re-opens tomorrow. For full flows to return? That's Q1 or even Q2 next year #OOTT #ACFrontPage @AtlanticCouncil

Saudi Ports Authority Mawani has launched the "Red Sea Express" shipping service at King Fahd Industrial Port in Yanbu, to speed up cargo handling, cut waiting times, and boost logistics efficiency at the port, Saudi state media reported on Tuesday. The service links the ports of Jeddah, Yanbu, Ain Sokhna in Egypt, and Aqaba in Jordan marketscreener.com/news/saud…

Very appreciative of the Oxford Institute for Energy Studies (@OxfordEnergy)for the invitation to discuss oil markets with Bassam Fattouh and Paul Horsnell, two of the most knowledgeable oil market analysts I know. See the link to the podcast below. 👉 Podcast: oxfordenergy.org/wpcms/wp-co… The podcast examined the fallout in oil markets from the conflict between the US and Iran and the resulting closure of tanker traffic through the Strait of Hormuz. Among the topics discussed are the scale of the disruption to oil flows and its implications, why futures prices appeared disconnected from physical prices in the early stages of the conflict, the drivers behind the collapse in futures open interest, the outlook for long-dated oil prices, and how shifting refinery demand and trade flows — particularly towards US barrels — have influenced the relative pricing of the Brent and Dubai benchmarks. The discussion concludes with the outlook for the global oil balance and its key components in 2027. #OOTT #SOH #Hormuz #Brent #oil #oilprice #oilpricing #oilbalance #oilcurve #positioning #openinterest #volatility #Dubai

Sanctions relief for China is, in effect, sanctions relief for Iran.