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IEA Monthly Report: Non-OPEC+ production is projected to increase by 2.5 million barrels per day in 2027.
2026-06-17
IEA Monthly Report: Non-OPEC+ production is projected to increase by 2.5 million barrels per day in 2027.
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2026-06-17
A-shares ChiNext and Shenzhen Composite Index turned positive; Shanghai Composite fell 0.08%. Leading sector gainers were electronic paper, electronic components and PET copper foil.
A-shares ChiNext and Shenzhen Composite Index turned positive; Shanghai Composite fell 0.08%. Leading sector gainers were electronic paper, electronic components and PET copper foil.
2026-06-17
Rabobank energy strategists said even if the Strait of Hormuz reopens, voyage times and tanker redeployment from the Persian Gulf to major Asian importers will be the main constraint on how quickly the oil market can rebalance. A laden tanker typical
Rabobank energy strategists said even if the Strait of Hormuz reopens, voyage times and tanker redeployment from the Persian Gulf to major Asian importers will be the main constraint on how quickly the oil market can rebalance. A laden tanker typically needs about 28–55 days to reach India, China, Korea or Japan, implying inventories will keep drawing down after supply resumes. Strategists Joe DeLaura and Florence Schmit added that vessels rerouted around the Cape of Good Hope to reach the Atlantic basin would take an estimated 1–2 months to fully restart operations after any pause in hostilities.
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