Equity Supply Surge: What Historically Comes Next

Houthi Threats Force Saudi Crude Tanker Onto Suez Route To Asia By Tsvetana Paraskova of OilPrice.com The Houthi threats to shipping in the Red Sea and its chokepoint, the Bab el-Mandeb Strait, have forced at least one oil tanker carrying Saudi crude to Asia to choose the much longer route through the Suez Canal, the Mediterranean, and around Africa. The supertanker Olympic Luck, partially laden with Saudi crude at Yanbu on the Red Sea, transited the Suez Canal into the Mediterranean late on Sunday, according to shipping data monitored by Bloomberg. The U-turn...

India's Fuel Exports Set To Soar In July As Refining Margins Jump By Charles Kennedy of OilPrice.com, India is on track to export the highest volume of refined petroleum products in months as refining margins have jumped with the re-escalation of the Middle East conflict. India is estimated to ship as many as 1.55 million barrels per day (bpd) of light and middle distillates in July, per data by commodity analysts Kpler cited by Reuters columnist Clyde Russell. The July volumes would be nearly double the fuel export volumes of just 866,000 bpd in May,...

President Donald Trump may send special operations forces to Iran to seize the Islamic Republic’s nuclear material.  According to three diplomatic sources speaking with Bloomberg, the President is considering using special operations forces in Iran to gain control over Tehran’s roughly 400 kilograms of 60% enriched uranium.  “They haven’t been able to get to it […]