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US EIA gasoline stocks for week to Oct. 2 rose 382,000 bbl, versus an expected draw of 1.658 mln bbl and a prior draw of 1.684 mln bbl.

2026-10-07

US EIA gasoline stocks for week to Oct. 2 rose 382,000 bbl, versus an expected draw of 1.658 mln bbl and a prior draw of 1.684 mln bbl.

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2026-10-07

Repeated attacks around the Strait of Hormuz are weighing on the recovery of Middle East crude exports and forcing shipowners to pay materially higher risk compensation. Captains on Hormuz transits can now earn up to $100,000 a month plus one-off $50

Repeated attacks around the Strait of Hormuz are weighing on the recovery of Middle East crude exports and forcing shipowners to pay materially higher risk compensation. Captains on Hormuz transits can now earn up to $100,000 a month plus one-off $50,000 transit bonuses; ordinary crew are receiving 4–6x normal pay. For context, typical captain pay is about $15,000/month and ordinary crew about $1,500/month. Shipowners are also paying war-risk/hull premiums equal to roughly 6–10% of vessel value per transit; for a VLCC single voyage that premium can reach as much as $20m.
2026-10-07

People familiar with the matter said BHP is evaluating multiple disposal options for its nickel assets in Western Australia, including an outright sale. The assets are currently under temporary suspension, and the company expects to complete the revi

People familiar with the matter said BHP is evaluating multiple disposal options for its nickel assets in Western Australia, including an outright sale. The assets are currently under temporary suspension, and the company expects to complete the review by February 2027.
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