22/05/2026 – Hormuz Crisis: Normalization of Crude Oil Flows Will Not Be Possible for ADNOC Before Summer 2027 – Read More News

GAS & POWER: Cheniere has obtained permits to increase liquefied gas production from the Corpus Christi terminal, unlocking capacity for approximately three billion additional cubic meters per year. With the last production train coming online less than two weeks ago, and the expansion project expected to grow further in the coming months, the plant is expected to reach a total capacity of more than 40 billion cubic meters by the end of the year, confirming its position among the country's largest export hubs.

OIL: Brent crude prices remain firmly above the $100/bbl mark, in a week that has remained particularly volatile. Despite some positive signals from Gulf shipping data, high tensions between the United States and Iran support the high risk premium. Yesterday, Emirati incumbent ADNOC announced that months will be needed before a complete restoration of crude oil flows in the region, which are expected to recover no earlier than summer 2027.