Monday, November 21, 2022
Oil Tanker Bridge

Russia’s War Rewires Global Crude Trade

By Elina Ganatra (Bloomberg) — Oil tanker tycoons are enjoying a surge in revenue as the sanctions triggered by Russia’s war are redrawing the global

November 21, 2022
Total Views: 2879

Friday, June 17, 2022
Product Tanker Loading Gasoline In Venezuela Port

Venezuelan Oil Exports to Europe Set to Resume After Two Years

By Marianna Parraga June 17 (Reuters) – A 650,000-barrel-cargo of Venezuela’s oil chartered by Italy’s Eni ENI.MI is

June 17, 2022
Total Views: 1381

Thursday, May 19, 2022
two tankers conduct ship-to-ship transfer

Greece Emerging as Hub for Russian Ship-to-Ship Fuel Oil Transfers

By Rowena Edwards, Angeliki Koutantou and Ahmad Ghaddar LONDON/ATHENS, May 18 (Reuters) – Russian fuel oil arrivals offshore Greece

May 19, 2022
Total Views: 16455

Tuesday, May 17, 2022

Seaborne Oil a Lifeline as German, Polish Refiners Swerve Russian Supply

By Shadia Nasralla LONDON, May 17 (Reuters) – Sea-borne oil has thrown a lifeline to refiners in eastern Germany and Poland, with non-Russian

May 17, 2022
Total Views: 1971

Thursday, April 21, 2022
oil tanker at anchor

Oil Climbs With Supply Risks Eclipsing China Concerns

By Devika Krishna Kumar and Sheela Tobben (Bloomberg) — Oil rose to settle at its highest in three days in a volatile session as a series of challenges

April 21, 2022
Total Views: 1183

Sunday, February 27, 2022
oil tanker loading

BP Abandons $25B In Russian Oil Retreat

By Ron Bousso and Dmitry Zhdannikov (Reuters) – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of

February 27, 2022
Total Views: 2780

Sunday, January 16, 2022

Kuwait, One Of The World’s Wealthiest Oil Exporters, Is Becoming Unlivable

By Fiona MacDonald (Bloomberg) –Trying to catch a bus at the Maliya station in Kuwait City can be unbearable in the summer. About two-thirds of the

January 16, 2022
Total Views: 49691

Sunday, October 24, 2021

Tankers Are Denied Entry Into Sudan’s Territorial Waters

DUBAI, Oct 24 (Reuters) – Sudan decided to halt the entry of vessels carrying fuel into its territorial waters to avoid incurring fines due to delays in

October 24, 2021
Total Views: 1632

Sunday, October 10, 2021

Port Sudan Three Week Long Blockade Causes Shortages Of Wheat And Fuel Oil

KHARTOUM (Reuters) – A three-week blockade of Sudan’s main port by tribal protesters is causing shortages of wheat and fuel oil for power

October 10, 2021
Total Views: 1159

Monday, September 13, 2021
Coast Guard Barge Inspection

Gulf Of Mexico Oil Still Hurting From Hurricane Ida

By Sharon Cho (Bloomberg) Oil rose to hits highest level in just under six weeks as investors tracked the slow restoration of supplies in the Gulf of Mexico

September 13, 2021
Total Views: 1500

Saturday, September 4, 2021
offshore spar

Pemex Can’t Afford to Develop the Oil Field It Fought to Control

By Amy Stillman (Bloomberg)–Petroleos Mexicanos fought tooth and nail to wrest control of the country’s biggest private oil find from the

September 4, 2021
Total Views: 1576

Wednesday, August 11, 2021
tanker at sea

White House Calls on OPEC and Its Allies to Pump More Oil

By Trevor Hunnicutt Aug 11 (Reuters) – U.S. President Joe Biden’s top aides are pressuring OPEC and its allies to boost oil output to

August 11, 2021
Total Views: 976

Tuesday, August 10, 2021

Big Oil Squeezes Renewable Energy Profits as Commodities Rally

By William Mathis (Bloomberg) — The world’s largest oil companies are bidding up prices for renewable energy projects, squeezing profits from wind and

August 10, 2021
Total Views: 1494

Tuesday, March 16, 2021
houston ship channel

Oil Demand Drag Takes Toll on Tankers

By Jonathan Saul and Laura Sanicola LONDON/NEW YORK, March 16 (Reuters) – U.S. refiners are scaling back on hiring ships for longer periods to save on

March 16, 2021
Total Views: 1622

Friday, January 22, 2021
offshore rig

Goldman Sachs Says Biden’s First Steps Are Bullish for Oil

By Andres Guerra Luz and Saket Sundria (Bloomberg) — Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market

January 22, 2021
Total Views: 3093

Wednesday, January 20, 2021
vlcc tanker

Tanker Owners Pay to Move Crude in Wake of Supply Cuts

By Alex Longley (Bloomberg) — Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels are effectively

January 20, 2021
Total Views: 3098

Friday, January 8, 2021
vlcc tanker

Oil Has Best Week in Four Months With Saudi Cut Buoying Prices

By Andres Guerra Luz (Bloomberg) — Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in

January 8, 2021
Total Views: 836

Tuesday, January 5, 2021
oil tanker loading

Oil Tops $50 for First Time Since February

By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million

January 5, 2021
Total Views: 1197

Monday, December 28, 2020
Offshore Oil Rig At Night

Opinion: Was 2020 Really So Bad for Oil?

By Liam Denning (Bloomberg Opinion) — If ever a year needed a shot of glass-half-full attitude, it’s 2020. I got it recently from an oil

December 28, 2020
Total Views: 1347

Friday, November 13, 2020
Oil tanker in Ningbo Zhoushan port
Maritime News

China Oil Giant Unipec Eyes New Supertankers to Shrink Fuel Glut

By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel

November 13, 2020
Total Views: 734