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
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
What a difference a day makes. A day after the announcement of the mega merger between tanker giants Frontline (“FRO”) and Euronav (“EURN”), there were
By Alex Longley (Bloomberg) — Daily earnings for tankers shipping oil from Russia’s Baltic ports are soaring as shipowners continue to exercise
By Julian Lee (Bloomberg) Russia’s crude oil exports, a key source of revenue for Vladimir Putin’s regime, are showing no signs that they are starting to
By Laura Sanicola April 8 (Reuters) – East Coast jet fuel prices are showing no sign of retreat from record levels with nearest reinforcements
By Terje Solsvik and Victoria Klesty OSLO, April 7 (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge
WASHINGTON, March 31 (Reuters) – President Joe Biden on Thursday will announce the release of 1 million barrels of oil a day for the next six
By Chunzi Xu (Bloomberg) — U.S. fuel markets are getting even tighter as Europe’s scramble for alternatives to Russian diesel flipped New York from a
By Chunzi Xu (Bloomberg) — U.S. ports are set to admit more Russian fuel oil than they’ve seen in eight months under contracts signed prior to the
By Arathy Somasekhar HOUSTON, March 16 (Reuters) – At least 10 vessels carrying Russia-linked cargoes of crude and refined products were
LONDON/ATHENS, March 14 (Reuters) – Marshall Islands-flagged tanker Elli, which made a Russian port call and had been bound for the United
There has never been a disclaimer like this (at least that I can remember) on an investor presentation: “Given the rapidly evolving situation, this written
Discussions about charter parties can be fairly dry…unless the subject is tanker chartering. The Society of Maritime Arbitrators (SMA), based in New York,
With the continued fighting in the Ukraine, and the uncertainties surrounding sanctions, port closings, embargoes, and other disrupters, the shipping markets
By Chen Aizhu (Reuters) – Chinese refiners are paying for Russian crude oil using cash transfers to maintain imports from Russia’s Fast East, as
By Sharon Cho (Bloomberg) — For clues on how toxic Russian oil has become, look no further than the trade for tankers that export it. It now costs
By Dmitry Zhdannikov and Julia Payne LONDON, March 2 (Reuters) – Disruptions to Russian oil exports intensified on Wednesday with more
MOSCOW/LONDON, Feb 28 (Reuters) – Buyers of Russian oil have faced difficulties over payments and availability of vessels after imposition of
By Alex Longley, Archie Hunter and Ann Koh (Bloomberg) — Russia’s invasion of Ukraine has brought turmoil to commodities markets as the conflict
By Koustav Samanta (Reuters) Oil tanker rates are soaring globally as traders scramble to cope with jitters over possible disruption in Russian supplies,
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