Oil Barrels At Sea Soar To Most Since 2023 As Supply Glut Looms
By Alex Longley Oct 3, 2025 (Bloomberg) –The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years,
Bloomberg News is a global newsroom covering markets, economics, policy, energy, commodities, and international trade. gCaptain republishes select Bloomberg reporting under a syndication license when stories are relevant to shipping, ports, and offshore sectors. Bloomberg stories on gCaptain are clearly labeled and may be edited for house style and format while preserving the original reporting.
By Alex Longley Oct 3, 2025 (Bloomberg) –The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years,
By Julian Lee Oct 3, 2025 (Bloomberg) –Russia’s ability to divert its crude to the global market is diminishing fast as the nation’s oil
China’s latest foray into the Northern Sea Route — using the channel between Russia and the North Pole to ship goods — has led some of the world’s
The Trump administration has determined that the US is engaged in a “non-international armed conflict” with Latin American drug cartels, according to a
Saudi shipping company Bahri plans to nearly double its fleet and expand its share of the country’s trade, as the Middle Eastern energy producer strengthens
The Trump administration told a federal court it intends to reconsider a key US government approval that authorized the construction of Equinor ASA’s planned
Group of Seven nations are closing in on an agreement to significantly increase sanctions on Russia over its reluctance to end the war against Ukraine,
Russia’s sanctioned Arctic LNG 2 plant increased gas production to record levels in September as its cargoes appear to find buyers in
Russia’s seaborne crude exports stuck at a 16-month high in the past four weeks, with US President Donald Trump so far failing to convince remaining buyers
Some terminal operators at China’s Qingdao Port, which handles around one-sixth of the country’s crude intake, will impose new restrictions on old tankers
China’s imports of liquefied natural gas in September are poised to drop more than a fifth from a year ago, extending a slump in purchases as domestic
By Brian K. Sullivan Sep 28, 2025 (Bloomberg) –Two Atlantic storms are forecast to swerve away from the US East Coast and spare the shoreline a
By Ellen Milligan, Alex Wickham and Lucy White Sep 28, 2025 (Bloomberg) –The UK saw the largest number of migrants arrive on a single vessel this
Three liquefied natural gas vessels are waiting outside Egypt’s import terminals as scheduling issues and a faster-than-expected seasonal demand decline in
Crude from the US could become too expensive for Asian buyers due to higher tankers rates, which have been inflated by an increase in Chinese purchases and
The leasing subsidiaries of at least two large Chinese banks are in talks with the financial regulator about converting shipping leases into mortgages as a
By Brendan Murray (Bloomberg) — The cost to ship goods in containers to northern Europe from China fell to the lowest level since Houthi attacks in the
(Bloomberg) — Two key oil ports on Russia’s Black Sea coast resumed loading of tankers overnight following Ukrainian aerial and marine drone attacks on
(Bloomberg) — TotalEnergies SE and RWE AG have won a French government tender to build the country’s largest offshore wind farm at the start of the
Russia is weighing restrictions on diesel exports as a wave of Ukrainian drone strikes on its oil refineries forced the government to pay close attention to
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