Oilprice.com
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Search complete. 31 mentions across 21 episodes found for "Oilprice.com".
Oct 10, 2026
MikeHOST
Diesel threatens to outlast the Middle East war.
MikeHOST
So this is from investing, uh, oilprice.com. And so this person here lays out all the [sighs] lingering effects of this Middle Eastern war.
MikeHOST
Regardless if diesel is given by Russia or Ukraine or whoever it comes about, the damage has been done, and it's the fact that the global fuel squeeze is worsening despite sub 100 with the European diesel prices up 70% since the war began.
MikeHOST
It says refining capacity, which is the biggest issue, hence the idea of today's subject of Ukraine deciding to immediately up the pressure by attacking Russians refinery out of spite of Donald Trump's decision to go against the grain.
Peter EricksonHOST
You know, I saw, it was very interesting.
Peter EricksonHOST
Uh, um, it was an article on OilPrice.com.
Peter EricksonHOST
So, you know, the people that write for OilPrice.com, they're obviously not, um, geopolitical dissidents.
Peter EricksonHOST
You know, they just write about oil.
Peter EricksonHOST
Um, and today they said that, "Wait a second, these future prices are, are-" Are much too low.
Peter EricksonHOST
So there was this temporary surge, um, th-that's, that's real.
Peter EricksonHOST
It never got up to 100%, but there was a surge, you know, where it definitely got up ab-above 50%, you know, maybe considerably above 50% for a while, but that's over.
Peter EricksonHOST
And then also that even while that was going on, you know, while there more oil was getting through, again according to OilPrice.com, it was, you know, this system they had of, um, of like, uh, of, of using smaller vessels to carry the oil through the strait to, to sneak through at night and then to load it onto a tanker.
Jack GambleHOST
The oil crisis has extended into the shipping sector with a large tanker fleet tied up in ship-to-ship transfers outside the Strait of Hormuz, pushing global freight rates to record highs and reducing vessel availability for other routes.
Jack GambleHOST
This is in oilprice.com, by the way.
Jack GambleHOST
Supertanker rates have soared in recent weeks and hit a record high of $1.4 million per day on the Gulf to East Asia trip, according to data compiled by Bloomberg.
Jack GambleHOST
That's how much it costs, $1.4 million a day to find some crew, some company willing to risk it all to run that gauntlet, risk getting hit by an Iranian missile or drone.
Mark LaCourHOST
You want to guess where this news is?
Paige LaCourHOST
I'm going to guess oil price.
Paige LaCourHOST
Oil price.
Mark LaCourHOST
Let me read this to you guys.
Mark LaCourHOST
This is the title.
Mark LaCourHOST
Exxon, the world is not on track to stop temperatures from rising more than 2 degrees Celsius by 2050, ExxonMobil said on Monday in its global outlook, which also called for increased investment in oil and gas.
Mark LaCourHOST
According to ExxonMobil's latest report, the world's climate goals are in jeopardy as the world stares down more people, more prosperity, and more And more energy by 2050.
Mark LaCourHOST
Now, that's what Oil Price reported on this research that ExxonMobil did.
Kyle AnzaloneHOST
So we're hearing all these claims that the Strait of Hormuz is open, that more oil is getting out of the Strait of Hormuz now than before the war.
Kyle AnzaloneHOST
And yet I look at oilprice.com, Brent crude is still over $100 a barrel.
Kyle AnzaloneHOST
Diesel is still, I think, $6.20 as a national average.
Kyle AnzaloneHOST
I saw some signs today from gas stations out in California.
Vince CoglianeseHOST
Uh, in fact, uh, let me show you this, uh, a report here.
Vince CoglianeseHOST
This comes to us from, uh, OilPrice.com, which is, uh, which is fascinating, just a good, a good piece of data on all of this.
Vince CoglianeseHOST
Before the war, 83% of the region's crude, 83% of that entire region's crude crossed through the Strait of Hormuz.
Vince CoglianeseHOST
In September, 40% now bypasses the strait entirely, with oil instead moving through pipelines and other routes via Saudi Arabia and the United Arab Emirates.
Jim CsekHOST
And this is what we've been talking about for a long time.
Jim CsekHOST
In the meantime, this is from the oilprice.com website.
Jim CsekHOST
Venezuela's oil revival accelerates as foreign companies return.
Jim CsekHOST
Ian talked about this yesterday.
Mike RobinsonHOST
But sticking with fuel prices just for a second, Patrick, let's bring this on, because China has decided that their major refiners have decided to suspend Most of the refined fuel exports for October, as Beijing is prioritizing domestic supply, removing another source of diesel, petrol, and jet fuel from the global market.
Mike RobinsonHOST
That's what oilprice.com is saying.
Mike RobinsonHOST
And this follows significant rises in fuel exports from China over the summer, stopping the exports just in time for winter.
Mike RobinsonHOST
This is even more pressure on Britain, of course.
speaker_0HOST
It did not say who fired, and a social media post blaming Iran had not been confirmed.
speaker_0HOST
Lloyd's List reported the incidents as a trio of attacks, and according to OilPrice.com, they had little effect on prices.
speaker_0HOST
Separately, Saudi Arabia's cabinet called on Tuesday for conditions in the Strait to be restored to what they were before February 28th, with no fees or restrictions, according to the Saudi press agency.
speaker_0HOST
Iran's Revolutionary Guards spokesman, Hossein Mohebi, painted a very different picture of the waterway on state television.
Dan EastmanHOST
So what it tells you, is the story, the headline, the silver minnow swimming by that I warn you not to eat, is saying the big banks are looking at higher oil prices next year.
Dan EastmanHOST
Well, if you do the math and you look at the numbers, especially if you go to the spot market today and the long-term NYMEX contract market, which you can find at oilprice.com, go around and take a look, you'll realize that they are talking about lower prices next year than this year.
Dan EastmanHOST
So what does that do for inflation? What does that do for cost push inflation from energy and fuel costs.
Dan EastmanHOST
What it tells us is we're sort of in a blip based upon the current hostilities in the Persian Gulf.
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