crude oil


Thursday, October 15, 2020
tanker loading
Maritime News

U.S. Crude, Fuel Stockpiles Drop Sharply Amid Hurricane -EIA

By David Gaffen Oct 15 (Reuters) – U.S. crude stockpiles fell sharply last week, as offshore oil production was shut due to Hurricane Delta, while

October 15, 2020
Total Views: 20

Thursday, July 23, 2020
vlcc tanker
Maritime News

Oil Drops With Demand Worries Reverberating From U.S. to Asia

By Andres Guerra Luz (Bloomberg) –Oil weakened as economies from the U.S. to Asia signaled a deepening demand fallout from the coronavirus pandemic.

July 23, 2020
Total Views: 20

Friday, June 26, 2020
tanker
Maritime News

Top Oil Pricing Agencies Launch New U.S. Crude Benchmarks

By Julia Payne and Devika Krishna Kumar LONDON/NEW YORK, June 25 (Reuters) – After U.S. crude futures took an historic plunge into negative territory in

June 26, 2020
Total Views: 46

Friday, June 12, 2020
Venezuelan Oil Cargoes Hidden En Route to China, Bypassing Sanctions
Maritime News

Venezuelan Oil Cargoes Hidden En Route to China, Bypassing Sanctions

By Luc Cohen and Marianna Parraga CARACAS/MEXICO CITY, June 12(Reuters) – Last year, China replaced the United States as the No. 1 importer of oil from

June 12, 2020
Total Views: 326

Thursday, June 11, 2020
oil tanker
Maritime News

Oil Plummets With Economic Jitters Surging Through Markets

By Hailey Waller and Alex Longley (Bloomberg) –Crude futures plunged by the most since late April a day after the Federal Reserve provided a gloomy

June 11, 2020
Total Views: 24

offshore rig north sea
Offshore

Oil Crisis Shows Richest Nordic Country Remains a Crude Addict

By Lars Erik Taraldsen and Mikael Holter (Bloomberg) –Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has

June 11, 2020
Total Views: 50

Tuesday, May 26, 2020
Oil tanker in Ningbo Zhoushan port
Maritime News

Oil Rallies With Producers Showing Confidence by Hiking Prices

By Olivia Raimonde and Alex Longley (Bloomberg) — Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers

May 26, 2020
Total Views: 28

Monday, May 25, 2020
crude oil tankers
Maritime News

The World’s Smartest Oil Traders Have Taken to the Seas

By Julian Lee (Bloomberg Opinion) –The waters off the South African oil storage terminal at Saldanha Bay are getting busy. A small flotilla of tankers

May 25, 2020
Total Views: 102

Thursday, May 21, 2020
Oil Rally Continues as Output Cuts Hit Supply Glut
Maritime News

Oil Rally Continues as Output Cuts Hit Supply Glut

By Olivia Raimonde (Bloomberg) –Oil posted its longest streak of gains in more than a year, buoyed by output cuts across the globe that have whittled

May 21, 2020
Total Views: 22

Monday, May 18, 2020
Stock photo shows an oil tanker at a terminal
Offshore

Oil Rises to Two-Month High Amid Demand Recovery

(Bloomberg) — Oil rose to levels not seen since Covid-19 lockdowns paralyzed the world’s largest economy, lifted by signs of recovering demand and

May 18, 2020
Total Views: 15

Friday, May 15, 2020
oil tanker
Maritime News

Tanker Movements Reveal China’s Splurge on Cheap Crude

By Firat Kayakiran (Bloomberg) –Chinese oil traders know bargain crude prices when they see them. That, at least, is one conclusion from the movements of

May 15, 2020
Total Views: 59

Thursday, May 14, 2020
Small Irish Terminal Draws U.S. Oil With Global Storage Filling
Maritime News

Small Irish Terminal Draws U.S. Oil With Global Storage Filling

By Sheela Tobben (Bloomberg) –A cluster of ships with American oil has been heading to a small terminal in southern Ireland as buyers search for places

May 14, 2020
Total Views: 54

Wednesday, April 15, 2020
houston ship channel
Maritime News

U.S. Crude Stocks Jump By a Record 19 Million Barrels – EIA

By Stephanie Kelly and Laura Sanicola April 15 (Reuters) – U.S. crude oil stockpiles rose by 19 million barrels last week, the biggest one-week increase

April 15, 2020
Total Views: 104

Thursday, March 19, 2020
tanker aerial
Maritime News

Tankers Drop Anchor as Traders See Profit in Price Rout

By Alex Longley (Bloomberg) — Oil tankers starting to drop anchor as traders start deploying the vessels to keep barrels at sea in the wake of the price

March 19, 2020
Total Views: 117

Tuesday, October 15, 2019
Stock photo shows an oil tanker at a terminal
Maritime News

Dilemma for Oil Refiners as Surging Ship Costs Kill Margins

By Serene Cheong and Sharon Cho (Bloomberg) –Oil refiners hoping for some fourth-quarter gravy are facing disappointment as surging freight rates inflate

October 15, 2019
Total Views: 11

Tuesday, October 8, 2019
oil tanker
Maritime News

Oil Nears Two-Month Low on Deepening U.S.-China Trade Crisis

By Sheela Tobben and Jacquelyn Melinek (Bloomberg) –Oil declined near a two-month low on fading prospects for a resolution to the protracted U.S.-China

October 8, 2019
Total Views: 13

Saturday, September 14, 2019
Houthi Drone Attack Hits the Heart of Saudi Arabia’s Oil Industry
Interesting

Houthi Drone Attack Hits the Heart of Saudi Arabia’s Oil Industry

By Stephen Kalin, Rania El Gamal and Dmitry Zhdannikov RIYADH/DUBAI/LONDON, Sept 14 (Reuters) – Yemen’s Iran-aligned Houthi group on Saturday

September 14, 2019
Total Views: 45

Friday, April 26, 2019
Stock photo shows an oil tanker at a terminal
Maritime News

The Giant Soviet Pipeline System That’s Full of Tainted Crude

By Julian Lee (Bloomberg) — Russia’s giant Soviet-era oil pipeline is a vital piece of Europe’s energy infrastructure, carrying crude to

April 26, 2019
Total Views: 17

Thursday, April 18, 2019
U.S. Gulf Gets Least Crude in Decades as Iraqi Imports Dive
Maritime News

U.S. Gulf Gets Least Crude in Decades as Iraqi Imports Dive

By Sheela Tobben (Bloomberg) — The U.S. Gulf Coast imported the least amount of crude in nearly three decades as shipments from Iraq plummeted and

April 18, 2019
Total Views: 1

Monday, March 11, 2019
port of corpus christi
Maritime News

Occidental Emerges as Heavy Hitter in U.S. Oil Export Boom

By Devika Krishna Kumar and Florence Tan NEW YORK/HOUSTON, March 11 (Reuters) – Occidental Petroleum Corp has emerged as one of the biggest

March 11, 2019
Total Views: 17
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