oil trading

Ship tracking data obtained by S&P Global indicates that Russian tanker shipments of crude oil rose slightly in October as declining oil product exports

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

By Devika Krishna Kumar and Julia Payne (Reuters) – Exxon Mobil Corp has lost two veteran crude oil traders from its U.S. energy trading group and a

By Sherry Su (Bloomberg) — Here’s something for oil bulls to chew on as Brent crude trades near $72: tankers are holding several million barrels of

By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s

By Sheela Tobben and Lucia Kassai (Bloomberg) — Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the

By Alfred Cang (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand

Fabled Singapore oil trader Hin Leong hid about $800 million in losses racked up in futures trading on the orders of its founder Lim Oon Kuin, suggesting a

By Javier Blas and Alaric Nightingale (Bloomberg) –Royal Dutch Shell Plc has made $1 billion from trading fuel oil this year, making it one of the

By Ann Koh, Serene Cheong and Laura Blewitt (Bloomberg) — Over the course of March, the oil tanker Nave Pyxis will slice through the Pacific Ocean as it

By Jacob Gronholt-Pedersen and Liz Hampton SINGAPORE/HOUSTON, Jan 8 (Reuters) – Oil traders in Asia are running the numbers on importing Alaskan crude,

  By Jessica Jaganathan SINGAPORE, Sept 21 (Reuters) – Record high stocks of fuel oil in Singapore are pushing traders to store the shipping and

  By Javier Blas and Will Kennedy (Bloomberg) — Oil prices will remain at $40 to $60 a barrel into 2016 as rising crude supplies overwhelm demand,

The largest Ultra Large Crude Carrier (ULCC) ever to visit Singapore, the Chevron South America, sits in Jurong Shipyard in Singapore in this July 23, 1996

Asian jet fuel shipments to the United States West Coast region could pick up this month as a prolonged cut in throughput at a California refinery is drawing

Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile

Swiss-based trading house Gunvor, which had been trying to cut asset exposure to the Russian market, is among the winners of a large Rosneft tender, traders

Oil traders have booked up to 20 tankers to store an estimated 40 million barrels of crude at sea, rising from 25 million barrels last

Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks

Some of the world's largest oil traders have this week hired supertankers to store crude at sea, marking a milestone in the build-up of the global