HeyJaredAlex Longley
- Indexed articles, last 90 days
- 5
- Latest publication
- Sep 30, 2026
- Outlet visibility, for Rigzone
- Top 500K sites
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- Jul 9, 2026
Latest articles
Iraq Deepens October Crude Price Discounts (opens the original)
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Iraq’s state oil marketer offered buyers contractual crude supplies for October at discounts of as much as $37 a barrel to regional benchmarks, according to a document obtained by Bloomberg. The price reduction shows how Iraq has struggled more than some of its neighbors when it comes to shipping during the Middle East war, due to its geographic position further from the Strait of Hormuz. Lacking its own significant fleet, Baghdad is resorting to steep discounts to incentivize buyers to keep bar
Saudis Delay Restart of 400,000 Bpd Refinery (opens the original)
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Saudi Aramco pushed back restarting its Jazan oil refinery to late August, following a weekend attack on the facility, according to market intelligence firm IIR Energy. The 400,000-barrel-a-day complex is now tentatively expected to restart by Aug. 30, IIR, which specializes in monitoring refinery activity, said on Monday. That would be roughly two weeks later than was initially scheduled. Iran-backed Houthi militants in Yemen claimed responsibility for an attack on the plant, located in the sou
UAE to Overhaul How It Prices All Crude Oil (opens the original)
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Abu Dhabi National Oil Co., the UAE’s state oil company, said it would change how it prices its crude oil grades, months after wild swings in the benchmark it has been using to underpin its sales. From Nov. 1, all Adnoc onshore and offshore crudes will price using a regional Dubai benchmark published by Platts, rather than the ICE Futures Abu Dhabi Murban contract that started in 2021. It also means pricing will be announced in the month prior to loading, rather than two months ahead. Bloomberg
Brent Nears $90 on Conflict Risks (opens the original)
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Oil edged up in a fraught session as traders grappled with a barrage of headlines that suggest a worsening of the Middle East conflict, as well as attempts to bring about a pause in the war. West Texas Intermediate futures swung in a $5 range before settling marginally higher at around $83 a barrel. Still, that was the highest closing price since mid-June. Brent at one point topped $90 a barrel, before paring. Yemen's Iran-backed Houthi rebel group said it would impose a ban on maritime traffic
Hormuz Ship Insurance Demand Drops (opens the original)
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London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. Two marine war insurance brokers and two underwriters said they have seen fewer requests for quotes since a ceasefire in the Middle East all but broke down this week. While the evidence is anecdotal so far, it points to a renewed caution in the industry. So far on Thursday,
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