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NPD said preliminary June crude production was 1.827 mln bpd.

2026-07-21

NPD said preliminary June crude production was 1.827 mln bpd.

Other News
2026-07-21

Saudi Arabian crude exports via Red Sea terminals climbed to record levels on the eve of Houthi militants announced plans to block Saudi oil shipments, putting the alternative export corridor at risk and, if implemented, potentially further boosting

Saudi Arabian crude exports via Red Sea terminals climbed to record levels on the eve of Houthi militants announced plans to block Saudi oil shipments, putting the alternative export corridor at risk and, if implemented, potentially further boosting crude futures. Tanker-tracking shows shipments via Yanbu’s two terminals averaged a record 5.9m b/d in the week to July 17, easing to 5.5m b/d in the week to July 20. Volumes include cargoes to Jizan and supplies to Aramco refineries and Red Sea coastal power plants. Saudi had rerouted some flows from the Persian Gulf to its west coast and out through the Red Sea during the Iran war; the announced Houthi blockade threatens that route.
2026-07-22

Vanda Insights founder Vandana Hari warned Asia's reliance on fossil-fuel imports—about 90% of primary energy consumption—leaves regional economies exposed to global supply shocks for decades as demand rises and major new fuel discoveries remain scar

Vanda Insights founder Vandana Hari warned Asia's reliance on fossil-fuel imports—about 90% of primary energy consumption—leaves regional economies exposed to global supply shocks for decades as demand rises and major new fuel discoveries remain scarce. She said import dependence is deepening and that geopolitical turbulence could persist for years to decades. A New Energy Outlook report said Asian economies would gain most from an energy transition and estimates energy import costs in Vietnam, Japan, Indonesia and India will be 3–6% of GDP in 2025.
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