Lookonchain APP

App Store
Feeds Articles

Houthi Attack Restricts Shipping in Bab el-Mandeb, Saudi Arabia Raises Oil Price to Record Premium

2 hours ago

April 6 — Saudi Arabia hiked its official selling price (OSP) for its key crude grade to Asia by $17 per barrel month-over-month, setting a record premium over the Oman/Dubai average, amid regional energy shipment disruptions from Iran’s near-closure of the Strait of Hormuz and market volatility driven by uncertainty over the conflict’s duration. Saudi Aramco, the kingdom’s state oil giant, set the OSP for Arab Light crude for May delivery to Asia at a $19.50/bbl premium to the Oman/Dubai average — a $17/bbl jump from the prior month’s level.
Add to Favorites Download image Share x Copy link
Relevant content

Or Prompted by "Prospects of US-Iran Reconciliation," Oil Price Quickly Falls

April 6th (Wednesday) — Oil prices dropped sharply amid expectations of a U.S.-Iran deal expected to be finalized the same day, sources said. Market data from Bitget shows Brent crude was last trading at $107.54 per barrel, while WTI crude stood at $108.8 per barrel, with both down 3.51% intraday.

6 minutes ago

Qatar Petroleum's LNG vessel is approaching Hormuz, possibly for the first time since the conflict erupted

April 6 – Kpler data indicates LNG carriers Rasheeda and Umm Al Amad are approaching the Strait of Hormuz. Should they successfully transit the strait, this would mark Qatar’s first LNG vessel passage through the waterway since the conflict began.

6 minutes ago

TD Cowen: Reiterates Strategy MSTR Buy Rating, $440 Price Target for 2026

On April 6, TD Cowen analyst Lance Vitanza reiterated a Buy rating on Bitcoin treasury firm Strategy MSTR, setting a $440 price target for 2026. (Bitcoin Treasuries)

6 minutes ago

Commander of Iran's Revolutionary Guards Intelligence Killed

April 6 — According to market reports, Hossein Dehghan, head of the Islamic Revolutionary Guard Corps (IRGC) Intelligence Organization, has been assassinated.

6 minutes ago

Circle has minted around 3.25 billion USDC on Solana in the past 7 days, marking the largest weekly stablecoin minting volume in 2026.

On April 6, data shows Circle has minted roughly 3.25 billion USDC on Solana over the past seven days—marking the largest single-week USDC issuance of 2026, per SolanaFloor.

6 minutes ago

Iranian Senior Official: Iran Will Not Accept "Humiliating Surrender"

On April 6, a senior Iranian official told Reuters that Iran will not accept deadlines or pressure to force its decision, will not reopen the Strait of Hormuz in exchange for a "temporary ceasefire," and believes the United States is not ready to secure a permanent ceasefire.

6 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join