Stephen Stapczynski
9
MENTIONS
5
EPISODES
3
PODCASTS
Search complete. 9 mentions across 5 episodes found for "Stephen Stapczynski".
Sep 9, 2026
Nathan HagerHOST
Secretary of State Rubio spoke to reporters in Colombia.
Nathan HagerHOST
We get more from Bloomberg News energy reporter Stephen Stapczynski.
Stephen StapczynskiCORRESPONDENT
It does seem, at least with the rhetoric, the traders are, are, are interpreting this rhetoric between the US and Iran as a fur- further spiraling away from a peace deal and threatening the flows of oil that have been getting through Hormuz.
Stephen StapczynskiCORRESPONDENT
I mean, um, there has actually been quite a large increase in dark, uh, flows of oil going through the, the waterway, potentially six to eight million barrels, uh, per day, according to the analysts and traders that, uh, my colleagues have spoken with.
Stephen StapczynskiCORRESPONDENT
Still not near, uh, pre-war levels, but definitely a, a, a much higher than we were, uh, just a few months back.
Nathan HagerHOST
And Bloomberg's Stephen Stapczynski reports China has also been increasing its crude purchases in recent days.
Nathan HagerHOST
A pause in Chinese buying had kept a lid on prices early in the conflict.
Nathan HagerHOST
But right now, Brent Crude is at $100.29 a barrel.
Marco RubioSOUNDBITE_SPEAKER
And, uh, for every time they do that or try to do that, they're gonna lose tankers.
Nathan HagerHOST
Secretary of State Rubio spoke to reporters in Colombia, and we get more from Bloomberg News energy reporter Stephen Stapczynski.
Stephen StapczynskiCORRESPONDENT
It does seem, at least with the rhetoric, the traders are, are, are interpreting this rhetoric between the US and Iran as a fur- further spiraling away from a peace deal and threatening the flows of oil that have been getting through Hormuz.
Stephen StapczynskiCORRESPONDENT
I mean, um, there has actually been quite a large increase in dark, uh, flows of oil going through the, the waterway, potentially six to eight million barrels, uh, per day, according to the analysts and traders that, uh, my colleagues have spoken with.
Stephen StapczynskiCORRESPONDENT
Still not near, uh, pre-war levels, but definitely a, a, a much higher than we were, uh, just a few months back.
Nathan HagerHOST
Bloomberg's Stephen Stapczynski reports China has been increasing its crude purchases in recent days as well.
Nathan HagerHOST
A pause in Chinese buying had kept a lid on price earlier in the conflict, but right now crude is on the rise.
Nathan HagerHOST
Brent crude at $100.62 a barrel.
Nathan HagerHOST
Secretary of State Rubio spoke to reporters in Columbia.
Nathan HagerHOST
We get more from Bloomberg News energy reporter Stephen Stapczynski.
Stephen StapczynskiCORRESPONDENT
It does seem, at least with the rhetoric, that traders are, are, are interpreting this rhetoric between the US and Iran as a fur- further spiraling away from a peace deal and threatening the flows of oil that have been getting through Hormuz.
Stephen StapczynskiCORRESPONDENT
I mean, um, there has actually been quite a large increase in dark, uh, flows of oil going through the, the waterway, potentially six to eight million barrels, uh, per day, according to the analysts and traders that, uh, my colleagues have spoken with.
Stephen StapczynskiCORRESPONDENT
Still not near, uh, pre-war levels, but definitely a, a, a much higher than we were, uh, just a few months back.
Nathan HagerHOST
And Bloomberg's Stephen Stapczynski reports China has also been increasing its crude purchases in recent days.
Nathan HagerHOST
A pause in Chinese buying had kept a lid on prices early in the conflict.
Nathan HagerHOST
But right now, Brent Crude is at $100.29 a barrel.
Caroline HepkerHOST
Iran says that a deal with Oman on a temporary safe shipping route through the Strait of Hormuz is imminent.
Caroline HepkerHOST
But Bloomberg's Stephen Stapczynski, who leads our energy team in Asia, says it's unclear how that would be received.
Stephen StapczynskiCORRESPONDENT
If the US isn't involved, how do they respond? How does the White House respond? Because they have been trying to gain more control over this waterway, and they've been trying to push for it to return to pre-war levels, whereas Oman and Iran have, in the past, uh, hinted that they want to create some sort of tolling system within the strait.
Stephen StapczynskiCORRESPONDENT
And if they do that, uh, the United States is unlikely, uh, to accept it.
Stephen StapczynskiCORRESPONDENT
In fact, not just the US, oil majors as well.
Caroline HepkerHOST
Stephen Stapczynski was speaking as the conflict is also complicating European efforts to rebuild gas inventories ahead of the winter.
Caroline HepkerHOST
German storage is just over fifty-four percent full.
Caroline HepkerHOST
That's the lowest for this time of year since records began in 2009.
Stephen CarrollHOST
Uh, Stephen, thank you very much for bringing us more details of the situation in global gas markets.
Stephen CarrollHOST
Stephen Stapczynski there, leading our team covering energy in Asia.
Stephen CarrollHOST
[upbeat music] Stay with us.
Stephen CarrollHOST
More from Bloomberg Daybreak Europe coming up after this.