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
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
New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have completed their merger, creating one of
By Ari Rabinovitch JERUSALEM, June 14 (Reuters) – The first cargo ships from Dubai that docked last year in the Mediterranean port of Haifa
By Sherry Su (Bloomberg) — Here’s something for oil bulls to chew on as Brent crude trades near $72: tankers are holding several million barrels of
By Sheela Tobben and Jeffrey Bair (Bloomberg) — The shutdown of America’s largest fuel pipeline after a cyberattack is threatening to send gasoline
By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below
By Sheela Tobben and Lucia Kassai (Bloomberg) — Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the
New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have announced an all-stock merger that will
by Aziz El Yaakoubi (Reuters) – The Saudi-led coalition has allowed four tankers to dock at Yemen’s Red Sea port of Hodeidah, two sources familiar
By Alex Longley and Alaric Nightingale (Bloomberg) — The market for moving oil across the world’s oceans is currently so bad that owners of the
By Jonathan Saul and Laura Sanicola (Reuters) – U.S. refiners are scaling back on hiring ships for longer periods to save on costs in another sign of
BEIJING, March 16 (Reuters) – China foiled criminals seeking to smuggle nearly 1 million tonnes of refined oil worth 5 billion yuan ($770 million), with
By Alex Longley (Bloomberg) — Times are getting tougher by the day for oil tanker owners. With too many vessels to haul fuel, losses for supertankers on
By Jessica Jaganathan (Reuters) – About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family
By Deisy Buitrago and Marianna Parraga CARACAS/MEXICO CITY, Feb 23 (Reuters) – Venezuela is shipping jet fuel to Iran in return for vital
by Charles Regnier (Reuters) – Belgium’s Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it
By Yew Lun Tian and Fathin Ungku BEIJING (Reuters) – China said on Wednesday it was seeking details about 25 of its nationals who were among 61 crew on
By Jonathan Saul LONDON, Jan 28 (Reuters) – A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi
By Alex Longley and Alaric Nightingale (Bloomberg) — Covid-19 is destroying the market for supertankers that deliver about a fifth of the world’s
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
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