Oil


Friday, October 11, 2019
tanker in storm
Shipping News

Asia Oil Buyers Grapple with Rising Costs as Tanker Rates Surge

By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Oct 11 (Reuters) – Asian oil refiners are grappling with a jump in global freight rates that shows no

October 11, 2019
Total Views: 80

Friday, September 20, 2019
saudi oil attack Abqaiq
Shipping News

Saudi Aramco Sees Full Oil Production Restored by End of September

By Rania El Gamal and Stephen Kalin ABQAIQ, Saudi Arabia, Sept 20 (Reuters) – Saudi state oil company Aramco said it will bring back by end September

September 20, 2019
Total Views: 40

Thursday, September 19, 2019
Imelda Disrupts U.S. Gulf Coast Energy Operations from Refineries to Terminals
Shipping News

Imelda Disrupts U.S. Gulf Coast Energy Operations from Refineries to Terminals

By Erwin Seba HOUSTON, Sept 19 (Reuters) – Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding

September 19, 2019
Total Views: 40

Tuesday, September 17, 2019
saudi oil attack Abqaiq
Shipping News

Oil Trims Losses on Conflicting Signals About Saudi Recovery

By David Marino and Sheela Tobben (Bloomberg) — Oil pared an earlier decline on contradicting reports about when Saudi Arabia will restore production

September 17, 2019
Total Views: 47

Monday, September 16, 2019
oil tanker deck
Interesting

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: 30

Stock photo of a tanker at sea
Shipping News

Tanker Bottleneck Grows at Saudi Ports After Attack

LONDON, Sept 16 (Reuters) – At least 11 supertankers are waiting to load oil cargoes from Saudi Arabian ports after an attack on the country’s oil

September 16, 2019
Total Views: 63

saudi oil attack Abqaiq
Shipping 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: 47

Saturday, September 14, 2019
Houthi Drone Attack Hits the Heart of Saudi Arabia’s Oil Industry
Interesting

Houthi Drone Attack Hits the Heart of Saudi Arabia’s Oil Industry

By Stephen Kalin, Rania El Gamal and Dmitry Zhdannikov RIYADH/DUBAI/LONDON, Sept 14 (Reuters) – Yemen’s Iran-aligned Houthi group on Saturday

September 14, 2019
Total Views: 98

Thursday, August 22, 2019
product tanker mr oil ship
Piracy

West African Oil Hits Sweet Spot with IMO 2020

By Noah Browning LONDON, Aug 22 (Reuters) – African states like Chad and Cameroon are shaping up to be big winners from new rules to cut sulfur emissions

August 22, 2019
Total Views: 68

Monday, August 5, 2019
offshore rig
Offshore

Oil Falls on Rising Trade War Tensions

By Kiran Dhillon (Bloomberg) –The international oil benchmark closed below $60 dollars a barrel for the first time in almost two months as worsening

August 5, 2019
Total Views: 36

Tuesday, July 16, 2019
wave breaking over tanker
Shipping News

How Great Shifts in Oil Market Calmed 2020 Ship Fuel Panic

By Jack Wittels – (Bloomberg) –As recently as a year ago, the oil market was in a panic about changes to the kind of fuel that ships must burn.

July 16, 2019
Total Views: 25

Friday, June 28, 2019
New Journey VLCC
Shipbuilding

China Delivers First ‘Smart’ VLCC

China’s largest shipbuilder Dalian Shipbuilding Industries (DSIC) has delivered what it says is the world’s first “smart” Very Large

June 28, 2019
Total Views: 241

Monday, June 24, 2019
tanker deck
Shipping News

Tankers Carrying Dirty Russian Oil Left Stranded at Sea

By Olga Yagova, Dmitry Zhdannikov and Florence Tan MOSCOW/LONDON, June 25 (Reuters) – In the opinion of Russian officials, the oil contamination

June 24, 2019
Total Views: 174

Friday, June 21, 2019
tanker loading
Shipping News

Oil Posts Best Week Since 2016 as Trump Calls Off Iran Raids

By Alex Nussbaum (Bloomberg) –Oil rocketed to its biggest weekly gain in more than two years as U.S. President Donald Trump’s aborted air strikes

June 21, 2019
Total Views: 33

Thursday, June 20, 2019
tanker in storm
Shipping News

Iran Exposes Oil’s Sea Change in the Persian Gulf

By Liam Denning (Bloomberg Opinion) –“It is not the role of the United States to take the lead in protecting neutral shipping in the [Persian] Gulf.”

June 20, 2019
Total Views: 63

Thursday, June 6, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

American Oil Keeps Flowing to China Despite Mounting Trade War

By Sheela Tobben (Bloomberg) — Washington’s escalating trade war with Beijing hasn’t choked off the flow of American oil to China. At least six

June 6, 2019
Total Views: 36

Friday, May 31, 2019
oil refinery
Shipping News

Trump’s Mexican Tariffs Could Hit U.S. Refiners Hard

By Collin Eaton HOUSTON, May 31 (Reuters) – U.S. President Donald Trump’s threats to tax Mexican imports could disrupt a long-standing cross-border

May 31, 2019
Total Views: 34

Tuesday, April 23, 2019
oil tanker
Shipping News

Strait of Hormuz: The World’s Most Important Oil Artery -FAQ

LONDON, April 23 (Reuters) – Iran has said it would block the Strait of Hormuz if it was barred from using the strategic waterway through which about a

April 23, 2019
Total Views: 114

Thursday, February 28, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

U.S. Offers Up to 6 Million Barrels of Oil from Strategic Reserve

By Timothy Gardner WASHINGTON, Feb 28 (Reuters) – The U.S. Energy Department said on Thursday it is offering up to six million barrels of sweet crude oil

February 28, 2019
Total Views: 36

Friday, February 8, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

Tanker Analysts Shrug Off Market Woes

By Firat Kayakiran (Bloomberg) — It’s never ideal if you own a fleet of crude tankers and the world’s oil producers remove millions of

February 8, 2019
Total Views: 46