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Indian Oil ramps up spot crude purchases as Middle East disruptions hit supplies WhatsApp tests 'Offers & Updates' folder to declutter business chats Aurora Reports Q2 Loss, Details Per-Mile Pricing for Driverless Truck Services Apple iPad Air OLED display, M5 chip and biggest redesign expected in 2027 India's soyabean acreage recovers as July rains boost Kharif sowing China’s EV Market Surges Past 16 Million as Battery Waste Wave Arrives WIRED Tests Plastic-Free Stainless Steel Water Filters From $199 to $549 FBI Warns Iran-Linked Hackers Hit Water Systems in Seven US States US Crude Bound for Israel for First Time Since 2023, Times of India Reports RBI's Special Swap Facility Draws $40.8 Billion in Foreign Inflows by July-End Indian Oil ramps up spot crude purchases as Middle East disruptions hit supplies WhatsApp tests 'Offers & Updates' folder to declutter business chats Aurora Reports Q2 Loss, Details Per-Mile Pricing for Driverless Truck Services Apple iPad Air OLED display, M5 chip and biggest redesign expected in 2027 India's soyabean acreage recovers as July rains boost Kharif sowing China’s EV Market Surges Past 16 Million as Battery Waste Wave Arrives WIRED Tests Plastic-Free Stainless Steel Water Filters From $199 to $549 FBI Warns Iran-Linked Hackers Hit Water Systems in Seven US States US Crude Bound for Israel for First Time Since 2023, Times of India Reports RBI's Special Swap Facility Draws $40.8 Billion in Foreign Inflows by July-End
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oil trading

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ADNOC sells 12 million barrels of crude at premiums to Asian refiners in seventh tender amid Iran tensions Commodities
Energy & Petrochemicals #crude oil#adnoc

ADNOC sells 12 million barrels of crude at premiums to Asian refiners in seventh tender amid Iran tensions

ADNOC sold at least 12 million barrels of spot crude to Asian refiners at premiums in its seventh tender since June, as renewed U.S.-Iran hostilities disrupted Strait of Hormuz flows. Chinese majors Unipec, PetroChina, and Sinochem bought Upper Zakum at $3-$4/bbl premiums, while Indian Oil Corp and Idemitsu Kosan secured cargoes at smaller premiums. Total sales via the seven tenders exceed 86 million barrels.

Jul 29, 2026 1 source
Crude Oil Prices Stabilize Below $100 Amid Geopolitical Tensions Commodities
Energy & Petrochemicals #crude oil#oil prices

Crude Oil Prices Stabilize Below $100 Amid Geopolitical Tensions

Crude oil prices on the NYMEX have stabilized below $100 per barrel, despite significant disruptions in the Strait of Hormuz. Alternative supply routes and reduced Chinese demand have helped prevent a spike to $200.

Jun 8, 2026 2 sources