oil trading

Tuesday, November 8, 2022

Russian Oil Exports Hold Steady As Deadline Approaches

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

November 8, 2022
Total Views: 1172

Monday, August 30, 2021

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: 858

Saturday, June 12, 2021
tanker aerial

Exxon Traders Quit While BP And Shell Colleagues Make Billions

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

June 12, 2021
Total Views: 7375

Tuesday, June 8, 2021
tanker at sea

Traders Keep North Sea Crude on Tankers Despite Rally

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

June 8, 2021
Total Views: 1903

Tuesday, April 20, 2021
houston ship channel

Legendary Natural Gas Trader Sees ‘Seismic Shift’ in Houston’s Oil Patch

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

April 20, 2021
Total Views: 5276

Friday, April 16, 2021

Canadian Crude Shipped from Newfoundland to U.S. West Coast in Unusual Demand Shift

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

April 16, 2021
Total Views: 26818

Tuesday, December 29, 2020

Losing Bet on Covid Is Changing Oil-Trading Industry Forever

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

December 29, 2020
Total Views: 2568

Monday, April 20, 2020
Maritime News

Singapore Oil Trader Hin Leong Failed to Declare $800 Million Losses

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

April 20, 2020
Total Views: 192

Friday, November 15, 2019
Maritime News

Shell Traders Post $1 Billion Profit in Fuel Oil Market Ahead of IMO 2020

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

November 15, 2019
Total Views: 66

Friday, March 2, 2018
nave Pyxis
Maritime News

Oil Traders Make Sea Odyssey as Gasoline Criss-Crosses Globe

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

March 2, 2018
Total Views: 13

Friday, January 8, 2016

Traders Eye Alaskan Crude Exports to Asia with Ban Lifted

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

January 8, 2016
Total Views: 7

Monday, September 21, 2015

Singapore’s Record High Fuel Oil Stockpiles Driving Storage at Sea

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

September 21, 2015
Total Views: 7

Tuesday, September 1, 2015
Maritime News

World’s Top Oil Trader Sees $40-$60 a Barrel in 2016

  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,

September 1, 2015
Total Views: 3

Friday, May 22, 2015
chevron south america ulcc jurong shipyard drydock
Maritime News

Looking Back at a Real Supertanker, the ULCC Chevron South America

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

May 22, 2015
Total Views: 387

Wednesday, May 13, 2015
Maritime News

Transpacific Jet Fuel Shipments Set to Increase – Traders

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

May 13, 2015
Total Views: 6

Tuesday, April 28, 2015
fso asia
Maritime News

Oman to Operate Floating Crude Oil Storage Vessel

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

April 28, 2015
Total Views: 46

Tuesday, March 17, 2015
primorsk port
Maritime News

Gunvor a Major Winner in Rosneft Oil Tender

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

March 17, 2015
Total Views: 33

Wednesday, January 21, 2015
fso asia

Traders Book Oil Tankers to Store 40 Million Barrels at Sea

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

January 21, 2015
Total Views: 11

Thursday, January 15, 2015
almi galaxy
Maritime News

Oil Traders to Store West African Crude in U.S. Until Prices Recover

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

January 15, 2015
Total Views: 5

Thursday, January 8, 2015

Oil Traders Stockpiling Oil at Sea Amid Glut

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

January 8, 2015
Total Views: 20