Saudi Aramco makes rare spot crude sales, delivering at least 6 million barrels to buyers in South Korea, Japan and China as shipments ramp up

UAE restores oil exports to pre-war levels by routing tankers through the Strait of Hormuz and using a bypass pipeline to circumvent the waterway

The UAE restores oil exports to pre-war levels by routing tankers through the Strait of Hormuz and using a pipeline that bypasses the waterway.

Strait of Hormuz crude exports ran at about 5 million bpd in June, roughly one-third of pre-war normal flows, sources say

Sources say about 5 million barrels per day of crude oil exited the Strait of Hormuz in June, roughly one-third of normal pre-war flows.

EIA: US crude stocks fell to lowest level since September 2018 in the latest weekly report.

EIA says US crude stocks in the latest week fell to lowest since September 2018.

OPEC+ likely to raise August oil output quotas by 188,000 barrels per day at Sunday meeting, three sources say

OPEC+ is likely to raise oil output quotas for August by 188,000 barrels per day at its Sunday meeting, three sources say.