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LNG's Calm Veneer Stripped by Australia Strike Threat

Clyde Russell August 14, 2023

Credit; Woodside

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The spot crude premium has fallen from its record highs, despite the closure of Hormuz.

Reports that the US is considering military options for Iran's break-out have caused oil prices to rise.

Sources say Indian refiners are limiting the use of a special FX credit facility, causing rupee pressure.

LNG's Calm Veneer Stripped by Australia Strike Threat

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Current News

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

UAE Exit Weakens OPEC, Raises Risk of Price War

United Arab Emirates Exits OPEC and OPEC+

Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Magazine

Offshore Engineer Magazine

Subscribe for AOG Digital E‑News