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crude oil


Friday, September 1, 2023
lng carrier
News

Big Tech’s Poaching of Oil Patch Workers Threatens to Snarl U.S. Gas Export Boom

(Bloomberg) — Jose De Hoyos is recruiting in the oil patch. He got his start meeting workers in Pennsylvania’s Marcellus shale basin. This month,

September 1, 2023
Total Views: 2107

Thursday, August 31, 2023
Stock photo of an oil tanker moored at sea
Shipping

Kazakhstan Diversifies Oil-Export Routes With Tanker Purchases

(Bloomberg) — Kazakhstan is buying tankers to ship its oil across across the Caspian and Black Seas, the latest sign that central Asia’s largest crude

August 31, 2023
Total Views: 1186

Tuesday, August 15, 2023
two tankers conduct ship-to-ship transfer
Shipping

Russian Oil Switched Between Tankers Off Spanish Enclave After Four-Month Hiatus

(Bloomberg) — Russia’s flagship crude oil was switched between tankers off the coast of a Spanish enclave in north Africa after a four-month hiatus in

August 15, 2023
Total Views: 13784

Friday, July 21, 2023
Iran Denies Oil on Tanker Seized by Indonesia Belongs to Tehran
Shipping

Iran Denies Oil on Tanker Seized by Indonesia Belongs to Tehran

DUBAI, July 21 (Reuters) – Iran‘s oil ministry said the oil cargo of an Iranian-flagged supertanker seized by Indonesia last week does not belong

July 21, 2023
Total Views: 5980

Sunday, July 16, 2023
Crew members check the deck of the Russian oil cargo Pure Point, carrying crude oil, anchored at a port in Karachi, Pakistan June 13, 2023. REUTERS/Akhtar Soomro/File Photo
Shipping

Oil Surge To $80 Shows Long-Awaited Market Tightening Is Here

By Grant Smith Jul 16, 2023 (Bloomberg) –Betting on a tighter oil market has been a bad trade for most of this year. But there are signs it’s

July 16, 2023
Total Views: 2444

Friday, April 21, 2023
two tankers conduct ship-to-ship transfer
Shipping

Ship-to-Ship Transfers of US Crude to Impact Global Oil Benchmark Pricing

By Sherry Su and Sharon Cho (Bloomberg) — US crude transferred from bigger to smaller tankers will contribute to pricing of the world’s most important

April 21, 2023
Total Views: 7862

Saturday, March 25, 2023
shutterstock_403068616 tanker nigeria
Offshore

Nigeria’s Unsold Crude Glut: What’s Behind It?

By Bill Lehane (Bloomberg) Nigeria is struggling to find buyers for its oil as strikes in the French refining sector and seasonal maintenance at plants

March 25, 2023
Total Views: 4503

Tuesday, March 7, 2023
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russia’s Crude Exports By Sea Slide as Lucrative Pacific Trade Declines

By Julian Lee (Bloomberg) — Russia’s seaborne crude exports fell back sharply from the previous weeks’ highs, with Moscow unable to

March 7, 2023
Total Views: 1772

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: 5335

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: 1058

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: 10445

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: 3721

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: 27088

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: 3288

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
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