Opinion: Surging Barrels at Sea Spook Oil Markets More Than Russia or Venezuela
By By Ron Bousso LONDON, Dec 19 (Reuters) – Oil prices slumped below $60 a barrel this week as investors try to make sense
By By Ron Bousso LONDON, Dec 19 (Reuters) – Oil prices slumped below $60 a barrel this week as investors try to make sense
U.S. Senator Ron Wyden has contacted seven maritime shipping companies as part of an inquiry into cartel-linked fuel smuggling between the United States and
Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela's oil
Venezuela may soon have to start closing some oil wells as it runs low on storage capacity following last week’s tanker seizure and US plans to block other
Vladimir Putin warned that Russia may consider striking the ships of countries supporting Ukraine if a surge in attacks on Moscow’s tanker fleet continues,
The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears
The global tanker shipping industry stands at a crossroads as crude and product carriers face starkly different market conditions over the next two years,
The crude tanker sector is experiencing its most significant shipbuilding boom in nearly a decade, with the order book-to-fleet ratio climbing to 14.1
Russia's Black Sea port of Novorossiysk temporarily suspended oil exports - equivalent to 2.2 million barrels per day, or 2% of global supply - on Friday,
A buildup of a billion barrels of oil on the world’s oceans includes a disproportionately large amount of crude from nations subject to some kind of
Scorpio Tankers Inc. (NYSE: STNG) announced Monday it has signed letters of intent to construct two Very Large Crude Carriers at Hanwha Ocean in South Korea,
The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks
A flotilla of crude oil on the world’s oceans expanded to a fresh high as producer nations keep adding barrels and the tankers sail further for
The Baltic Exchange has launched two new Aframax tanker benchmarks tracking Canadian crude exports to Asia, marking a direct response to shifting global trade
Most Iranian-flagged tankers have begun transmitting properly over the Automatic Identification System (AIS) without spoofing for the first time in seven and a
DHT Holdings, Inc. says that its fleet should not be subject to new Chinese port fees on US-linked vessels that are set to take effect on Tuesday, based on
Bearish signs are cropping up across the oil market after US President Donald Trump’s latest tariff threats fanned fears of an imminent
By Alex Longley Oct 3, 2025 (Bloomberg) –The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years,
The Houthi-aligned Humanitarian Operations Coordination Center (HOCC) has designated 13 entities, 9 individuals, and 2 vessels for sanctions related to US
(Bloomberg) — Two key oil ports on Russia’s Black Sea coast resumed loading of tankers overnight following Ukrainian aerial and marine drone attacks on
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