Alaskan, Canadian Crude Sent to China as Demand Recovers
By Robert Tuttle (Bloomberg) –Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is
By Robert Tuttle (Bloomberg) –Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is
By Golnar Motevalli (Bloomberg) –Iran has sent an official warning to the U.S. against making threats to Iranian fuel tankers bound for Venezuela, the
By Firat Kayakiran (Bloomberg) –Chinese oil traders know bargain crude prices when they see them. That, at least, is one conclusion from the movements of
By Sheela Tobben (Bloomberg) –A cluster of ships with American oil has been heading to a small terminal in southern Ireland as buyers search for places
By Sheela Tobben (Bloomberg) –Supertankers laden with Saudi Arabian crude heading to U.S. shores are taking longer than normal to discharge as smaller
By Brian Wingfield, Jack Wittels and Firat Kayakiran (Bloomberg) — When the supertanker New Vigorous arrived at the port of Antifer in northern France
By Jonathan Saul and Charles Regnier LONDON, May 7 (Reuters) – Leading tanker operator Euronav posted record high first-quarter results on Thursday and
By Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From
By Ira Breskin – Liquid Natural Gas carriers are addressing a less volatile short-term charter market than that experienced by crude carriers, “sister
By Stephen Cunningham and Robert Tuttle (Bloomberg) — A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in
LONDON, April 29 (Reuters) – U.S. buyers of Saudi Arabian crude oil cancelled at least seven April-loading tankers after a jump in freight costs, two
By Mike Jeffers (Bloomberg) — Oil fell after the biggest oil ETF said it would sell out of its June WTI futures position as physical oil storage levels
By Jonathan Saul and Devika Krishna Kumar LONDON/NEW YORK April 27 (Reuters) – Oil traders are hiring expensive U.S. vessels, normally only used for
By Olivia Raimonde (Bloomberg) — Oil edged lower for the week after paring losses following the dramatic collapse on Monday that saw prices in New York
By Roslan Khasawneh SINGAPORE, April 24 (Reuters) – Supertanker freight rates eased this week as surging demand for floating storage cooled and crude oil
By Ronan Martin and Jack Wittels (Bloomberg) — The oil market is getting so glutted that tiny barges that would normally be busily moving fuels
By Jack Wittels, Firat Kayakiran and Javier Blas (Bloomberg) — Oil refiners are hunting for vessels to store jet-fuel and gasoline that nobody is
By Ron Bousso, Stephanie Kelly and Laura Sanicola LONDON/NEW YORK, April 22 (Reuters) – Oil traders are struggling to find enough ships, railcars,
By Jonathan Saul, Devika Krishna Kumar and Olga Yagova LONDON/NEW YORK/MOSCOW, April 22 (Reuters) – Saudi Arabia is exploring re-routing millions of
By Olivia Raimonde (Bloomberg) — Oil’s meltdown spread in to the June contract as the price plummeted $10 in New York. West Texas Intermediate plunged
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