Cumulative crude and condensate supply losses in the Middle East have reached 521mln barrels, according to Kpler's Baker

This significant cumulative loss of crude and condensate supply in the Middle East could lead to tighter market conditions, potentially pushing prices higher for WTI and Brent.

Newsquawk StaffPublished 17 Apr 2026, 08:29 UTCOn the live feed at 08:09 UTC — 2 more headlines followed before this page went public

Newsquawk headlinesUTC

08:24

Gerresheimer (GXI GY) has rejected takeover bid from US rival Silgan (SLGN), according to Reuters sources

08:11

ECB's Muller says market's rate bets are not completely unreasonable, its hard to argue there is an obvious case for an April hike; can not fully exclude it

08:09

Cumulative crude and condensate supply losses in the Middle East have reached 521mln barrels, according to Kpler's Baker

08:04

China has reportedly fined 7 e-commerce platforms for CNY 3.6bln over food delivery scandal, state TV reports; companies include Pinduoduo (PDD), Meituan (3690 HK) and JD.com (9618 HK)

08:00

Italian Current Account (Feb) 3654M (Prev. -1785M)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

Given the already existing supply constraints, this figure reinforces the risk of supply disruptions impacting the energy market and could have broader implications for inflation and global economic activity.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/8 Sept · 19:59 UTC

IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports.

Brent crude, after we published+0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.