Barrel Casing Supply Chain 
Offshore Energies UK
JUNE 23, 2025
billion barrels of oil and gas could still be produced from UK waters – 3.2 The government’s independent advisers, the Climate Change Committee, say in a scenario where the UK meets all its climate targets on time, UK homes and businesses will still use between 13 and 15 billion barrels of oil and gas. These resources include: 0.5
CNBC: Energy
JUNE 23, 2025
The inability of oil to traverse through, even temporarily, can ratchet up global energy prices , raise shipping costs and create significant supply delays. million barrels per day, accounting for about 20% of global petroleum liquids consumption, according to the U.S. In 2023, oil flows through the waterway averaged 20.9
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CNBC: Energy
JUNE 22, 2025
million barrels per day in May, according to an OPEC report citing independent estimates. Shipments for broader Middle East supply could be imperiled if Iran or its regional proxies take steps to block the key Strait of Hormuz. per barrel, while global benchmark Brent was up $1.80, or 2.34%, to $78.81 per barrel.
CNBC: Energy
JUNE 16, 2025
"In a worst case, oil and share prices would be the least of our worries." a barrel — were still far below the prices seen in the aftermath of Moscow's incursion into Ukrainian territory. " Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are.
CNBC: Energy
JUNE 23, 2025
According to Iranian state media, the country's parliament has also approved closing the Strait of Hormuz, a pivotal waterway for global oil trade, with about 20 million barrels of oil and oil products traversing through it each day. Boockvar is not of the view that Iran will carry out the disruption of global oil supplies.
CNBC: Energy
JUNE 13, 2025
Brent crude, the international benchmark, surged 7% to above $74 a barrel. oil benchmark West Texas Intermediate crude also popped 7%, trading close to $73 a barrel. That is not the case. Meanwhile, oil prices spiked on the news, though the gains have moderated compared with where they were in overnight trading.
Offshore Energies UK
MARCH 26, 2025
It aligns with the Offshore Energies UK (OEUK) Supply Chain Principles and the objectives of environmental, social, and governance (ESG) reporting. This is all the more important when operators have to meet tight deadlines and often with lower budgets and every additional barrel counts.
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