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The LNG shock stops at the US border
Qatar shipped 18 cargoes in six months against 509 a year earlier, and Europe enters winter short of gas. Henry Hub is no dearer than it was a year ago.
5 sourced figures
Strait of Hormuz
One analysis and 2 notes filed under Strait of Hormuz, newest first.
The Strait of Hormuz and the Musandam Peninsula from the International Space Station, June 2016. NASA Johnson Space Center, Public domain.
Short notes
Oil is above $100 and Iraq has devalued. Its problem is barrels, not price.
Baghdad cut the dinar by about 13% on 7 October, the first devaluation by a Gulf Arab state since the war began. A price boom does little for an exporter that cannot ship.
4 sourced figures
Iraq's oil leaves Hormuz on Iranian permission and a $20 discount
A strait that opens by permission is a different risk from a closed one. Iraq's discount is the price of that permission, made visible.
3 sourced figures