Oil Tankers’ Strange Trips Reveal a Stubborn Glut of Diesel
By Ryan Hesketh, Prejula Prem and Jack Wittels (Bloomberg) — For clues about how glutted the global diesel market remains, just look at the bizarre
By Ryan Hesketh, Prejula Prem and Jack Wittels (Bloomberg) — For clues about how glutted the global diesel market remains, just look at the bizarre
By Ryan Hesketh (Bloomberg) –At almost any other moment in history, the promise of oil producers pouring millions of barrels of crude to the global
By Andy Hoffman and Laura Hurst (Bloomberg) –The billionaire CEO of Gunvor Group told staff the firm thrived during the oil market meltdown caused by the
By Jonathan Saul LONDON, July 1 (Reuters) – Tens of millions of barrels of crude and oil products stored on tankers at sea due to the coronavirus crisis
By Sheela Tobben (Bloomberg) –The Trump administration’s plan to add as many as 50 oil tankers to an already long list of sanctioned vessels would be
By Julia Payne and Devika Krishna Kumar LONDON/NEW YORK, June 25 (Reuters) – After U.S. crude futures took an historic plunge into negative territory in
By Marianna Parraga and Roslan Khasawneh MEXICO CITY/SINGAPORE, June 24 (Reuters) – Tankers carrying nearly two months’ worth of Venezuelan oil
The U.S. Coast Guard is searching for a crew member of a tanker approximately 400 miles east of Cape Hatteras, North Carolina. Watchstanders at the Coast
By Luc Cohen and Marianna Parraga CARACAS/MEXICO CITY, June 12(Reuters) – Last year, China replaced the United States as the No. 1 importer of oil from
June 9 (Reuters) – Enterprise Products Partners LP is working with U.S. officials to advance an offshore crude terminal project after the review schedule
By Saleha Mohsin (Bloomberg) — The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off
By Serene Cheong and Ann Koh (Bloomberg) — Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for
By Olivia Raimonde and Hailey Waller (Bloomberg) — OPEC+ and its allies will decide as soon as this week whether or not to extend their historic output
By Devika Krishna Kumar NEW YORK, May 28 (Reuters) – A flurry of tentative bookings to export U.S. crude oil from the Gulf Coast suggests demand is
By Shu Zhang and Florence Tan SINGAPORE, May 28 (Reuters) – The volume of crude stored on ships in Asia has come off the peaks seen earlier this month
By Olivia Raimonde and Alex Longley (Bloomberg) — Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers
By Tibisay Romero and Deisy Buitrago VALENCIA, Venezuela/CARACAS May 25 (Reuters) – The first of five Iranian tankers carrying fuel to Venezuela has
By Jonathan Saul LONDON, May 26 (Reuters) – Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus
By Julian Lee (Bloomberg Opinion) –The waters off the South African oil storage terminal at Saldanha Bay are getting busy. A small flotilla of tankers
By Olivia Raimonde (Bloomberg) –Oil posted its longest streak of gains in more than a year, buoyed by output cuts across the globe that have whittled
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