oil prices


Saturday, April 9, 2022
product tanker
Shipping

East Coast Jet Fuel Prices Continue Ascent, Reinforcements Out At Sea

By Laura Sanicola April 8 (Reuters) – East Coast jet fuel prices are showing no sign of retreat from record levels with nearest reinforcements

April 9, 2022
Total Views: 2174

Monday, April 4, 2022
Offshore

Exxon Mobil Flags Highest Profit Since 2008 on Surging Oil Prices

By Kevin Crowley and Kasia Klimasinska (Bloomberg) — Exxon Mobil Corp. signaled its highest profit since 2008 as Russia’s war in Ukraine upended

April 4, 2022
Total Views: 1019

Sunday, March 13, 2022
A bunker vessel prepares to supply fuel to Hin Leong's Pu Tuo Shan VLCC supertanker in the waters off Jurong Island in Singapore
Shipping

Oil Resumes Decline Following A Tumultuous Week

By Rob Verdonck and Serene Cheong Mar 13, 2022 (Bloomberg) –Oil resumed its decline after Iran carried out a missile strike in Iraq following the

March 13, 2022
Total Views: 5544

Tuesday, March 8, 2022
containership ship bunkering
Shipping

Soaring Bunker Prices Could Speed Up ‘Return to Normal’ for Container Shipping

By Mike Wackett (The Loadstar) – Low-sulphur bunker prices increased another $100 per ton yesterday and, having soared by a third since the end of

March 8, 2022
Total Views: 12600

offshore rig
Offshore

Oil Jumps to $130 With U.S. and U.K. Set to Ban Russia Imports

By Julia Fanzeres and Alex Longley (Bloomberg) — Oil extended its rally as the U.S. and U.K. said they plan to ban Russian oil imports while oil giant

March 8, 2022
Total Views: 915

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: 3255

Tuesday, February 22, 2022
vlcc tanker
Shipping

Vitol CEO Sees Oil Above $100 for a ‘Prolonged Period’ This Year

By Archie Hunter and Anna Edwards (Bloomberg) — Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine

February 22, 2022
Total Views: 1312

Monday, February 21, 2022
tankers at anchor
Shipping

Soaring Diesel and Gasoline Prices Are Bleeding Into Shipping

By Jack Wittels (Bloomberg) — The shipping industry is starting to feel the full force of surging diesel and gasoline costs. Ship fuel can be made from

February 21, 2022
Total Views: 2780

Thursday, February 3, 2022
offshore spar
Offshore

WTI Crude Passes $90 a Barrel for First Time Since 2014

By Julia Fanzeres and Sheela Tobben (Bloomberg) — Oil shot across $90 for the first time since 2014 as winter weather in the U.S. threatened to shut in

February 3, 2022
Total Views: 889

Friday, January 28, 2022
semisubmersible drilling rig at sea
Offshore

Scorching Rally: Oil Set for Sixth Straight Weekly Gain

By Julia Fanzeres (Bloomberg) — Oil is headed for a sixth straight weekly gain, with prices trading near a seven-year high as crude makes a roaring

January 28, 2022
Total Views: 975

Thursday, December 30, 2021
offshore oil rig
Offshore

Oil Steadies After Longest Run in 10 Months

By Alex Longley (Bloomberg) — Oil futures in New York dipped after their longest run of gains since February, as the market weighed a series of supply

December 30, 2021
Total Views: 465

Thursday, December 23, 2021
offshore rig north sea
Offshore

Global Oil’s Comeback Year Presages More Strength in 2022

By Stephanie Kelly, Bozorgmehr Sharafedin and Koustav Samanta NEW YORK, Dec 23 (Reuters) – Global oil demand roared back in 2021 as the world began to

December 23, 2021
Total Views: 502

Friday, October 8, 2021
oil tanker
Offshore

US Crude Oil Tops $80 for First Time Since 2014 as Energy Crisis Threatens Supplies

By Julia Fanzeres (Bloomberg) — U.S. crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at

October 8, 2021
Total Views: 1204

Monday, September 27, 2021
tanker
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: 1324

Monday, August 30, 2021
Finance

Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida

By Sheela Tobben (Bloomberg) –Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors

August 30, 2021
Total Views: 855

News

Hurricane Ida Pummeled U.S. Gulf Coast Energy Suppliers

By Liz Hampton and Erwin Seba HOUSTON, Aug 30 (Reuters) – Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the

August 30, 2021
Total Views: 1757

Saturday, August 28, 2021
Hurricane Ida Water Vapor Photo
Weather

Workers flee 90 Offshore Facilities As Extremely Dangerous Hurricane IDA Churns Toward Oilfields

(Reuters)-U.S. oil and gas companies on Friday cut more than 1.6 million barrels of oil production as a major storm churned toward oilfields that provide 17%

August 28, 2021
Total Views: 1117

Tuesday, August 17, 2021
oil storage tanks
Offshore

Oil Posts Longest Run of Losses Since March as Recovery Falters

By Ari Hawkins (Bloomberg) –Oil fell for a fourth day, marking its longest run of losses since March, pressured by a rising dollar and economic data

August 17, 2021
Total Views: 1460

Tuesday, June 22, 2021
Oil tanker in Ningbo Zhoushan port
Offshore

Big Oil CEOs Predict Return of $100 Crude

By Kevin Crowley and Francois de Beaupuy (Bloomberg) — The bosses of some of the world’s biggest oil companies said crude prices are likely to keep

June 22, 2021
Total Views: 3867

Tuesday, April 20, 2021
vlcc tanker
Offshore

Historic Oil Price Crash Marks One Year Anniversary at $63 a Barrel

By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below

April 20, 2021
Total Views: 1508