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crude oil


Saturday, February 25, 2023
Venezuelan Crude Departs For Europe
Shipping

Venezuelan Crude Departs For Europe

By Marianna Parraga HOUSTON, Feb 25 (Reuters) – A 655,000-barrel cargo of Venezuelan heavy crude chartered by a unit of Italy’s Eni

February 25, 2023
Total Views: 5329

Tuesday, February 14, 2023
Israel Becomes Oil Exporter with First Cargo Headed to Europe
Offshore

Israel Becomes Oil Exporter with First Cargo Headed to Europe

By Alisa Odenheimer (Bloomberg) – Israel exported oil for the first time, sending a shipment to Europe from Energean Plc’s offshore Karish field.

February 14, 2023
Total Views: 4845

Sunday, February 12, 2023
China Oil Tankers In Port
News

China’s Oil Giants Want More Russian Crude

(Bloomberg) China’s state-owned oil refining giants are speeding up purchases of Russian crude, citing the allure of cheap cargoes from the OPEC+ producer

February 12, 2023
Total Views: 1421

Sunday, January 22, 2023
Iran Oil Exports To China Surge
Shipping

Iran Oil Exports To China Surge

by  Ben Sharples (Bloomberg) Iran’s oil exports are surging, offering solace to both Tehran and a global market fretting over the prospect of sanctions

January 22, 2023
Total Views: 1054

Tuesday, January 17, 2023
Oil tanker on Lake Maracaibo, in Cabimas. REUTERS/Issac Urrutia
Maritime News

Venezuela Halts Oil Exports

By Marianna Parraga (Reuters) – The new head of Venezuela’s state oil company PDVSA has suspended most oil export contracts while his team reviews

January 17, 2023
Total Views: 10440

Sunday, January 1, 2023
Chevron Sending Two Oil Tankers To Venezuela Under U.S. Approval
Shipping

Chevron Sending Two Oil Tankers To Venezuela Under U.S. Approval

By Marianna Parraga HOUSTON, (Reuters) – U.S. oil company Chevron Corp CVX.N is sending two oil tankers to Venezuela, one of which will load the

January 1, 2023
Total Views: 3720

Saturday, September 17, 2022
Oil Tanker Rates Bubbling Up As Russia Disrupts Trade
Shipping

Oil Tanker Rates Bubbling Up As Russia Disrupts Trade

(Bloomberg) –Benchmark oil tanker earnings topped $50,000 a day for the first time in more than two years as Russia’s invasion of Ukraine upends global

September 17, 2022
Total Views: 1852

Tuesday, March 15, 2022
Tanker at sunset
News

Oil Tanker Traders Go Underground To Buy Cheap Russian Crude

By Serene Cheong (Bloomberg) –Away from the public eye. That’s where Russian crude is going as buyers tread carefully in their dealings with the pariah

March 15, 2022
Total Views: 27081

Tuesday, March 8, 2022
Sovcomflot Logo Russian
News

More Russian Oil Deeply Discounted As Load Port Ban Risk Alarms Buyers

By Tsuyoshi Inajima (Bloomberg) A cargo of Russian Sokol oil from the Far East was offered at a steep discount as the nation’s invasion of Ukraine and the

March 8, 2022
Total Views: 3287

Monday, September 27, 2021
tanker at sea
Offshore

Brent Rises to Highest Since 2018 on Global Energy Crunch

By Alex Longley and Sheela Tobben (Bloomberg) — Brent approached $80-a-barrel on signs that the crude market is rapidly tightening amid a global energy

September 27, 2021
Total Views: 1330

Thursday, November 19, 2020
tanker deck
Shipping

Global Crude Market Finds Support Mainly from China

By Devika Krishna Kumar, Olga Yagova and Noah Browning NEW YORK/MOSCOW/LONDON, Nov 19 (Reuters) – China, the global oil market’s lifeline this

November 19, 2020
Total Views: 706

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: 21

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: 50

Friday, June 12, 2020
Satellite image captured by Planet Labs shows a ship-to-ship transfer of crude off the coast of Kuala Linggi, Malaysia, on April 16, 2020. Picture taken April 16, 2020. Planet Labs/Handout via REUTERS
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: 339

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: 25

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: 29

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: 106

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: 23
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