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crude oil


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: 16

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: 61

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: 63

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: 13

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: 48

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: 21

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: 2

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: 21

Tuesday, July 10, 2018
ships at anchor
Maritime News

BIMCO: 2018 Has Been ‘Historically Bad’ for Crude Oil Tankers

The first half of 2018 has been a historically bad year for crude oil tankers as earnings hit their lowest level on record in heavy loss-making territory,

July 10, 2018
Total Views: 28

Wednesday, June 27, 2018
oil tanker at anchor
News

Crude Surges to 3 1/2-Year High After U.S. Stockpiles Plunge

By Jessica Summers (Bloomberg) — Oil rose to a level last seen in late 2014 after U.S. crude stockpiles tumbled by the most since September 2016. Futures

June 27, 2018
Total Views: 7

Tuesday, January 30, 2018
crude oil Pipeline
News

New Pipeline Scrambles American Crude Imports & Exports

by Devika Krishna Kumar (Reuters) – The Diamond Pipeline has scrambled crude oil flows around the U.S. Gulf Coast and Midwest since it opened in

January 30, 2018
Total Views: 5

Monday, January 22, 2018
The Philadelphia Energy Solutions oil refinery owned by The Carlyle Group is seen at sunset in Philadelphia. Photo REUTERS/David M. Parrott
Maritime News

Biggest U.S. East Coast Oil Refinery Files for Bankruptcy

By Barbara Powell and Tiffany Kary (Bloomberg) — Philadelphia Energy Solutions LLC, owner of an oil refinery that supplies more than a quarter

January 22, 2018
Total Views: 8

Sunday, October 29, 2017
Iraq Boosts Oil Export Capacity
Ports

Iraq Boosts Oil Export Capacity

by Ahmed Rasheed (Reuters) Iraq has increased oil export capacity from its southern ports by 900,000 barrels per day (bpd) to 4.6 million bpd after adding a

October 29, 2017
Total Views: 61

Wednesday, July 12, 2017
oil tanker
News

Oil Traders Turn Bespoke Crude Tailors in Offshore Megastore

By Serene Cheong (Bloomberg) — The biggest oil traders feeling the squeeze in a world awash with crude are seeking an edge by offering

July 12, 2017
Total Views: 14

Monday, March 20, 2017
offshore oil rig Statoil
News

Oil Drops as U.S. Drilling Growth Threatens to Counter OPEC Cuts

By Mark Shenk (Bloomberg) — Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance the market. Futures

March 20, 2017
Total Views: 11

Tuesday, December 13, 2016
Oil Demand to Grow More Swiftly, Too Early to Assess Global Output Cut
Maritime News

Oil Demand to Grow More Swiftly, Too Early to Assess Global Output Cut

By Amanda Cooper LONDON, Dec 13 (Reuters) – Global oil demand will rise more strongly than expected next year, although it is too soon to assess fully

December 13, 2016
Total Views: 1

Tuesday, September 20, 2016
World News: Libya Ramps Up Crude Exports as Ports Reopen for First Time Since 2014
Maritime News

World News: Libya Ramps Up Crude Exports as Ports Reopen for First Time Since 2014

By Saleh Sarrar and Hatem Mohareb (Bloomberg) — Libya boosted crude production by more than 70 percent since August as some oil fields resumed output and

September 20, 2016
Total Views: 6
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