KNOT Offshore (KNOP) News

Express News | Member countries of the International Energy Agency have agreed to release 400 million barrels of oil reserves.

BreakingsMar 11 22:06

Airing views before the meeting? G7 Group: Principally supports the use of strategic crude oil reserves.

A significant signal was released just hours before the G7 summit – the energy ministers of the Group of Seven nations reached a principled agreement to utilize strategic petroleum reserves in response to the impact of the Iran conflict. This week, oil prices have experienced sharp fluctuations twice, with a maximum single-day drop of 11%. At 22:00 Beijing time tonight, Macron will convene a virtual G7 leaders' summit. If substantive actions are announced after the meeting, oil prices may witness their third major fluctuation this week.

wallstreetcnMar 11 17:31

Express News | Global energy security upgrades as G7 signals 'oil reserve release' to curb energy inflation.

BreakingsMar 11 15:51

Express News | The IEA's announcement of reserve release may instead amplify demand, analysts say.

BreakingsMar 11 22:53

The IEA is planning to propose the release of a record amount of oil reserves, with G7 leaders holding an emergency phone conference at 22:00. Could tonight see a third wave of sharp fluctuations in oil prices?

The International Energy Agency (IEA) has proposed the release of its largest-ever strategic crude oil reserve in order to stabilize international oil prices, which have surged significantly due to conflicts involving the United States, Israel, and Iran.

wallstreetcnMar 11 08:47

Trump is planning a 'three-pronged approach' to suppress oil prices, but analysts debunk it: unless the Strait of Hormuz remains open, all efforts will be in vain.

According to informed sources, the Trump administration is considering releasing strategic petroleum reserves, suspending federal gasoline taxes, and even having the Treasury Department intervene in the crude oil futures market. However, analysts warn that no policy can replace the navigability of the Strait of Hormuz.

Golden10 DataMar 10 07:20

Straits of Hormuz Update: 'Nearly Stagnant' for Seven Consecutive Days, Only Iranian Vessels Passed Through in the Last 24 Hours

Vessel tracking data indicates that only one bulk carrier linked to Iran departed the Persian Gulf in the past 24 hours, with no vessels entering from the opposite direction, resulting in a de facto suspension of commercial shipping. A small number of merchant ships attempted to navigate the strait by marking themselves as 'Chinese entities,' but few followed suit. The crisis has led to oil storage backlogs in multiple Gulf nations and forced production cuts. Saudi Arabia has redirected record volumes through the Red Sea alternative route; however, the actual rerouted volume remains significantly lower than its theoretical capacity.

wallstreetcnMar 9 08:39

After the Chinese 'Iron Lady' vessel, another cargo ship passed through the Strait of Hormuz! At least 10 merchant ships followed suit by disguising themselves as 'Chinese-flagged.'

As the Strait of Hormuz fell into a de facto suspension of navigation, the Chinese bulk carrier 'Iron Lady' successfully passed through the Strait of Hormuz. Over the weekend, a second bulk carrier displaying the 'Chinese Shipowner' label also passed through without incident. According to media reports, at least ten stranded merchant ships have quietly followed suit by disguising themselves as 'Chinese-flagged' vessels in hopes of crossing the strait. Yang Xintian, CEO of the operating entity of the 'Iron Lady,' stated that he currently refrains from commenting on related issues.

wallstreetcnMar 8 13:49

Three Small-cap Energy Stocks Flash 'A' Profitability Amid $90 Oil Surge

Seeking AlphaMar 7 02:16

Trump's escort plan was decisively undermined by JPMorgan's calculations: if the Strait of Hormuz is closed for three more days, oil prices may spiral out of control!

JPMorgan's latest calculations have almost delivered a 'death sentence' to Trump's escort plan: if the Strait of Hormuz is closed for three more days, oil prices could spiral out of control. A total of 329 oil tankers are stranded in the Gulf, with an insurance shortfall of $352 billion that no one can cover. Goldman Sachs added: We have no confidence in Trump's escort plan.

Golden10 DataMar 6 19:51

Qatar: If the war lasts for several weeks, Gulf countries will be forced to halt production, and oil prices may surge to $150 within the next three weeks.

The escalation of conflicts in the Middle East is pushing the global energy supply system to a critical point. The Qatari Minister of Energy has issued the most severe warning to date: if the war persists for several weeks, energy-exporting countries in the Gulf region will be forced to completely halt production, delivering profound shocks to the global economy.

wallstreetcnMar 6 17:37

Express News | Qatar warns of potential collective production halt by Gulf exporters, with oil prices possibly surging to $150 per barrel.

BreakingsMar 6 17:20

The Trump administration has reportedly abandoned its efforts to manipulate the oil market and is also reluctant to tap into the Strategic Petroleum Reserve.

It is reported that the Trump administration has ruled out the option of having the Treasury Department trade oil futures, considering the market volume too large and the intervention effect limited, while remaining cautious about the option of releasing oil reserves. What measures does the White House have left to curb oil prices?

Golden10 DataMar 6 15:24

Express News | Joint Maritime Information Center: Shipping in the Strait of Hormuz has almost completely stalled.

BreakingsMar 6 14:08

Unprecedented! The U.S. to directly intervene in crude oil futures trading; will Treasury Secretary Bessent return to his old trade?

The conflict in the Middle East has caused a surge in oil prices, prompting the U.S. Treasury Department to consider an "unprecedented" measure: direct intervention in crude oil futures. The specific approach may involve "selling the near end of the futures curve while buying the far end" to lower the price of near-month contracts and calm market panic. However, analysts are skeptical about the actual effectiveness of Treasury intervention, arguing that the impact of financial instruments depends on whether physical supply can be restored.

wallstreetcnMar 6 08:58

Iran refutes claims of blocking the Strait of Hormuz, prepares for potential U.S. ground operations, and rejects negotiations with the U.S.

Iran claims its drones struck the USS Lincoln aircraft carrier and its missiles hit an American oil tanker; Iran's foreign minister stated they are prepared for a potential U.S. ground invasion, expressing confidence in their ability to resist, warning it would result in a major disaster for the U.S., and asserting there is no reason for further negotiations.

wallstreetcnMar 6 08:20

Most and Least Shorted Small-to-mid-cap Stocks

Seeking AlphaMar 5 23:05

Mystery remains unresolved? Speculation grows over Iran's new Supreme Leader, with rumors suggesting an official announcement of Mojtaba today.

It was previously reported that the official announcement meeting of Iran's Assembly of Experts scheduled for Thursday would be held online, with at least eight experts absent in protest of hereditary rule. The Revolutionary Guards are still lobbying the opposition, claiming that a new leader must be determined as soon as possible to stabilize the situation, but the internal crisis remains difficult to conceal.

Golden10 DataMar 5 21:40

Is the Strait of Hormuz 'open or not'? Iran provides differing accounts.

① A senior Iranian military officer stated on Thursday that Iran has not actually closed the Strait of Hormuz and is handling vessels passing through the strait in accordance with relevant international rules and established agreements; ② Subsequently, the Islamic Revolutionary Guard Corps of Iran announced that it had struck a U.S. oil tanker in the northern Persian Gulf; the organization emphasized that military and commercial vessels belonging to the United States, Israel, European countries, and their supporters are strictly prohibited from navigating in this area. According to reports from CCTV News, Xinhua News Agency, and other media outlets, these two pieces of news regarding whether the Strait of Hormuz 'remains open' sparked significant reactions among traders in the afternoon of Thursday, Beijing time.

cls.cnMar 5 17:35

Express News | WTI and Brent crude oil prices fell in the short term as a senior Iranian military official stated that the Strait of Hormuz had not been blocked.

BreakingsMar 5 14:53