Tanker Rates from Nigeria Soar as Owners Steer Clear
By Alex Longley (Bloomberg) — The cost of shipping oil from Nigeria surged the most in more than a year at the end of a week in which some owners
By Alex Longley (Bloomberg) — The cost of shipping oil from Nigeria surged the most in more than a year at the end of a week in which some owners
Growth in the global demand for oil is projected to experience a significant slowdown in the coming years before stalling out this decade amid the transition
A fire broke out on a tanker berthed at a terminal in Singapore on Wednesday, but was extinguished within about two hours with no injuries or pollution
(Bloomberg) — The US may soon start unloading oil from an Iranian tanker now anchored off the coast of Texas that was seized by the Department of Justice
HOUSTON, June 8 (Reuters) – Enterprise Products Partners’ Sea Port crude oil export terminal off the coast of Texas could begin operations
By Julian Lee (Bloomberg) — Russian crude oil flows to international markets continue unabated, with no substantive sign of the output cuts that
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA, June 4 (Reuters) – Saudi Arabia will make a deep cut to its output in July on top of a
SINGAPORE, June 5 (Reuters) – Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more
CAIRO, June 4 (Reuters) – An oil tanker that suffered engine failure in Egypt’s Suez Canal, briefly disrupting traffic in the vital waterway,
(Bloomberg) — Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the
By Julian Lee (Bloomberg) — Russian crude oil flows to international markets still show no sign of the output cuts the country insists it is making.
By Sharon Cho, Rakesh Sharma and Prejula Prem (Bloomberg) — Russia is finding oil customers in Asia to replace sanctions-blocked European buyers — by
Platts, a prominent provider of information and benchmark prices for the commodities and energy markets, has announced the launch of new tanker rate price
Scorpio Tankers Inc. (NYSE: STNG), a global provider of petroleum product transportation, has exercised purchase options on five additional ships as the
By Sharon Cho and Bill Lehane (Bloomberg) — China’s recovery may be disappointing some oil bulls, but there’s one incontrovertible fact: the
By Verity Ratcliffe (Bloomberg) — Iran seized a second oil tanker in less than a week, ratcheting up tensions for shipping in one of the world’s
A new ETF offering investors pure-play exposure to tanker shipping futures launched on the New York Stock Exchange today. The ETF, known as the Breakwave
By Julian Lee (Bloomberg) — Two months into Moscow’s threatened oil output cut, there is no sign of a sustained drop in crude flows out of the
By Alex Longley (Bloomberg) — Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if they can
By Prejula Prem and Sharon Cho (Bloomberg) — Russian oil is still powering Europe — just with the help of India. Back in December, the European Union
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