floating storage

By Ruth Liao (Bloomberg) –Liquefied natural gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles

By Andy Hoffman (Bloomberg) — Trafigura Group boosted its shipping fleet by 70% in April last year to profit from the wild price swings in the oil

By Jonathan Saul LONDON, Jan 28 (Reuters) – A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi

By Laura Hurst, Javier Blas and Francois de Beaupuy (Bloomberg) –The secretive oil-trading businesses of Royal Dutch Shell Plc and Total SE saved both

By Ryan Hesketh, Prejula Prem and Jack Wittels (Bloomberg) — For clues about how glutted the global diesel market remains, just look at the bizarre

By Javier Blas and Lars Erik Taraldsen (Bloomberg) –In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant

By Stephen Stapczynski and Anna Shiryaevskaya (Bloomberg) –Liquefied natural gas traders are expected to take a page from the oil market playbook:

By Jonathan Saul LONDON, July 1 (Reuters) – Tens of millions of barrels of crude and oil products stored on tankers at sea due to the coronavirus crisis

By Shu Zhang and Florence Tan SINGAPORE, May 28 (Reuters) – The volume of crude stored on ships in Asia has come off the peaks seen earlier this month

By Alex Longley, Sherry Su and Javier Blas (Bloomberg) — One of the oil market’s most obvious signs of oversupply — millions of barrels being

By Jonathan Saul LONDON, April 1 (Reuters) – Oil traders are storing as much as 80 million barrels of oil on tankers at sea, with further ships being

By Jonathan Saul and Ron Bousso LONDON, March 11 (Reuters) – Royal Dutch Shell is in talks to charter at least three supertankers to store crude oil at

By Julia Payne and Florence Tan LONDON/SINGAPORE, Feb 11 (Reuters) – The oil market this week took a turn that could prompt traders to consider storing

By Roslan Khasawneh SINGAPORE, Oct 25 (Reuters) – Stockpiles of low-sulphur marine fuels held in floating storage around the Singapore trading and

By Anna Shiryaevskaya and Naureen S. Malik (Bloomberg) –Liquefied natural gas tankers are taking longer-than-usual journeys to deliver cargoes and

By Anthony DiPaola, Julian Lee and Alex Longley (Bloomberg) — Iran is starting to store oil on its fleet of supertankers again as impending U.S.

By Angelina Rascouet (Bloomberg) — Crude oil in floating storage is declining, showing that the market is rebalancing, OPEC Secretary-General Mohammad

By Jonathan Saul LONDON, Jan 6 (Reuters) – Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalising on

By Serene Cheong (Bloomberg) — Oil traders once again believe it’s worth heading out to sea. The market structure for Brent crude, the benchmark for

By Libby George LONDON, Aug 2 (Reuters) – The UK-based trading arm of Beijing-backed Sinopec will give up the megatanker it booked to park crude in Asia