Valor | Energy Connection – June 16, 2025
Valor
JUNE 16, 2025
Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. Offshore activity held at 13 rigs (-9 y/y). Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% Read more Baker Hughes reports U.S. rig count down 4 to 559 rigs Summary : U.S.
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