Join our crew and become one of the 106,459 members that receive our newsletter.

oil market

Tuesday, April 23, 2024
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock

Oil Market Sees Iran Sanctions Having Muted Export Impact

(Bloomberg) — Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as early as this week. But don’t

April 23, 2024
Total Views: 501

Wednesday, January 10, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy

Surge in Freight Reverberates Through the Global Oil Market

(Bloomberg) — A surge in freight rates is prompting crude buyers in Asia to shift more purchases to Middle Eastern oil, aiding spot market prices. The

January 10, 2024
Total Views: 1748

Monday, September 16, 2019
oil tanker deck

Oil Surges Most in Decades After Attack on Heart of Saudi Oil Industry

By Laila Kearney NEW YORK, Sept 16 (Reuters) – Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years and a

September 16, 2019
Total Views: 12

saudi oil attack Abqaiq
Maritime News

Attack on Saudi Oil Facility Hits the Oil Market’s Achilles Heel: Kemp

By John Kemp LONDON, Sept 16 (Reuters) – Oil security experts have worried for decades about the vulnerability of Saudi Arabia’s Abqaiq processing

September 16, 2019
Total Views: 12


Maritime and offshore news trusted by our 106,459 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.