Oil Tanker Freight Rates Fall Ahead of OPEC+ Meeting
By Roslan Khasawneh SINGAPORE, April 8 (Reuters) – Supertanker freight rates have fallen after last week’s highs as industry participants await the
By Roslan Khasawneh SINGAPORE, April 8 (Reuters) – Supertanker freight rates have fallen after last week’s highs as industry participants await the
By Scott DiSavino NEW YORK, April 2 (Reuters) – Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said
By Jonathan Saul and Dmitry Zhdannikov LONDON, March 23 (Reuters) – Top exporter Saudi Arabia has chartered an armada of ships to flood the market with
By Alex Longley, Javier Blas and Jackie Davalos (Bloomberg) — Oil is ensnared in such a crisis that Wednesday’s 24% plunge in New York wasn’t even
By Olga Yagova and Gleb Gorodyankin MOSCOW, March 12 (Reuters) – Saudi Arabia has stepped up efforts to squeeze Russia’s Urals oil grade out of its
By Sheela Tobben, Alaric Nightingale and Serene Cheong (Bloomberg) — Saudi Arabia’s biggest tanker company booked a batch of ships to transport the
The U.S. Navy has officially awarded a Lockheed Martin-led team a multi-billion dollar contract to construct four warships for the Kingdom of Saudi Arabia. The
By Parisa Hafezi and Sylvia Westall DUBAI, Oct 11 (Reuters) – An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi
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
By Abbas Al Lawati (Bloomberg) –Saudi Arabia joined a U.S.-led coalition to secure sea lines vital to oil shipping in the Middle East in the aftermath of
By David Marino and Sheela Tobben (Bloomberg) — Oil pared an earlier decline on contradicting reports about when Saudi Arabia will restore production
NEW YORK/HOUSTON, Sept 16 (Reuters) – U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably
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
By John Kemp LONDON, Sept 16 (Reuters) – Oil security experts have worried for decades about the vulnerability of Saudi Arabia’s Abqaiq processing
By Rania El Gamal and Parisa Hafezi DUBAI, Sept 15 (Reuters) – Iran dismissed accusations by the United States that it was behind attacks on Saudi oil
By Stephen Kalin, Rania El Gamal and Dmitry Zhdannikov RIYADH/DUBAI/LONDON, Sept 14 (Reuters) – Yemen’s Iran-aligned Houthi group on Saturday
Saudi Arabian shipping company Bahri has signed a Memorandum of Understanding for the construction of the first VLCCs at the new King Salman Complex for
By Jonathan Saul LONDON, May 15 (Reuters) – London’s marine insurance market will meet on Thursday to assess whether it needs to change the risk
DUBAI, Aug 4 (Reuters) – Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of
JERUSALEM, Aug 1 (Reuters) – Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that links the Red Sea to the Gulf
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