OPEC+ Extends Deep Oil Production Cuts into 2025
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI, June 2 (Reuters) – OPEC+ agreed on Sunday to extend most of its deep oil output
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI, June 2 (Reuters) – OPEC+ agreed on Sunday to extend most of its deep oil output
By Dmitry Zhdannikov, Alex Lawler and Maha El Dahan LONDON, May 30 (Reuters) – OPEC+ is working on a complex deal to be agreed at its meeting
By Sherry Su (Bloomberg) — Three tankers carrying North Sea Forties crude have been floating off European shores for more than two weeks without
WASHINGTON, May 28 (Reuters) – The United States and its partners are prepared to use sanctions and export controls to prevent China-Russia
Seattle-based Saltchuk Resources, a diverse freight transportation and services company, has entered into a definitive agreement to acquire Overseas
May 1 (Reuters) – Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline
A navigation error by a pilot led to a 600-foot-long tanker striking a pier at the Joint Base Charleston’s Naval Weapons Station in South Carolina, the
2023 proved to be a remarkable year for U.S. petroleum product exports, with propane leading the surge. The United States hit a new high in petroleum product
By Arathy Somasekhar and Georgina McCartney HOUSTON, March 20 (Reuters) – Rising oil tanker chartering rates due to
Despite restrictions, the Russian crude trade is expected to continue at discounted prices, benefiting the crude tanker market for vessels not subject to
By Julian Lee (Bloomberg) — Russia’s seaborne crude exports surged to the highest level for the year so far, with shipments from a key Pacific
BIMCO is reporting a significant surge in crude tanker newbuild contracting in the first two months of 2024, with a 490% year-on-year increase to 7.4 million
By Maha El Dahan and Alex Lawler DUBAI, March 3 (Reuters) – Some OPEC+ members agreed on Sunday to extend voluntary oil output cuts into the second
By Julian Lee (Bloomberg) — Two oil tankers appeared to stop what they were doing off the coast of Greece just a few days after the US Treasury
By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, Feb 27 (Reuters) – OPEC+ will consider extending voluntary oil output cuts into the
By Julian Lee (Bloomberg) — A temporary halt in shipments of Russia’s Sokol crude from Sakhalin Island on the Pacific Coast was offset by a surge
By Sharon Cho and Alex Longley Feb 24, 2024(Bloomberg) –Longstanding warnings from the oil tanker industry that too few of the ships are being built
By Alex Longley and Jack Wittels (Bloomberg) — A boom in Scottish diesel imports offers a glimpse into the country’s future energy security ahead of
By Jack Wittels (Bloomberg) — Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on
By Jack Wittels (Bloomberg) — The diesel market in Europe is flashing signs of tightness as refinery halts and Red Sea disruption squeeze supplies of a
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