Brent crude surpasses $108; Bernstein warns that compounded crises in the Strait of Hormuz and the Red Sea could drive oil prices toward $150.

The closure of Saudi Arabia’s East-West Pipeline following an attack, combined with shipping disruptions in the Strait of Hormuz, the Red Sea, and the Suez Canal, has further intensified global oil

wallstreetcnSep 14 21:02

Report: Yenbo Port's inventories can sustain exports for only 5 to 7 days. If Saudi Arabia is attacked and the oil pipeline remains disrupted, the global market could face a crude oil shortfall of up to 4%.

Saudi Arabia's east–west oil pipeline was shut down after a drone attack, leaving port inventories sufficient to sustain exports for only five to seven days. Analysts warn that, if repairs are not completed promptly, global crude oil supplies could face a shortfall of around 4%. With the repair timeline still uncertain and Middle Eastern energy exports already sluggish, global fuel prices have risen further, intensifying market panic and inflationary pressures.

wallstreetcnSep 14 07:36

“Browsing” Supermarkets to Stimulate Purchase Desire: New Retail’s Multi-Pronged Encirclement and Traditional Supermarkets’ “Defensive Battle” and “Survival Tactics” | The Crossroads of Supermarket Retail

① Traditional supermarkets and hypermarkets are revitalizing the in-store shopping experience and boosting customer purchase intent by renovating store layouts, expanding their 3R categories—namely

cls.cnSep 13 17:44

Tanker freight rates have surged to 4.5 times the baseline benchmark, with the war costs of Middle East conflicts being factored into the price of every barrel of crude oil.

This week, freight rates for very large crude carriers (VLCCs) on the Gulf of Oman-to-China route surged to Worldscale 450 points (equivalent to 4.5 times the benchmark rate), translating to approximately $11.50 per barrel and setting a record high since the inception of this route. Meanwhile, ongoing military exchanges between the United States and Iran continue to constrain available shipping capacity in the Gulf, while VLCC freight rates on the West Africa-to-Asia route have also hit historic highs.

wallstreetcnSep 12 05:30

As net long positions in WTI crude oil hit a 20-week high, the Trump administration is considering invoking the Defense Production Act to expand refining capacity.

Executives at refining companies stated that new refineries require several years to become operational, leading them to prioritize improving the efficiency of existing facilities. Currently, the average price of diesel in the United States has surpassed $6 per gallon for the first time, while gasoline prices remain elevated, and refinery utilization rates have reached approximately 98%. According to data from the CFTC, as of the week ending September 8, net long positions in NYMEX WTI crude oil hit a 20-week high, and net long positions in gasoline reached a nine-month high.

wallstreetcnSep 12 05:02

Houthi forces have nearly complete control of the Bab el-Mandeb Strait! A dual blockade is strangling Saudi Arabia's export lifeline.

The Houthi forces have not only seized all strategic islands in the Red Sea but also paralyzed Saudi Arabia’s last crude oil export corridor. Can isolated Riyadh weather this shock?

Golden10 DataSep 11 22:19