Tag: Crude Oil
Traders Predict Oil Could Hit $200 A Barrel
Low-sulphur bunker prices increased another $100 per ton yesterday.
And having soared by a third since the end of February to about $1,000...
Controversial Purchase of Russian Crude is To Ensure EU Refinery Supply
Traders, refiners shunning Russian oil over Ukraine
Shell lifts cargo at record low level in Platts MOC
Shell promises to commit profits from...
SWIFT Penalties Cause Hike In Crude Oil Prices
The impact of restrictions on Russia's use of the SWIFT international payment system amid the looming threat of sanctions on Russia's energy sector.
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Oil Ties Between The Two Countries
Russia's invasion of Ukraine has seen some of the harshest sanctions ever imposed on a nation and disrupted trade flows of energy and...
UN Reaches Agreement To Unload Yemen’s Oil Tanker ‘Time Bomb’
The UN has co-ordinated a deal in Yemen to unload more than 1 million barrels of crude oil from the rusting FSO Safer tanker...
US Crude Exports To Asia Give VLCCs Hope
The US is ramping up oil production with much of the exports bound for Asia, something that will see tonne-mile demand improve for the...
Crude Oil Futures Higher Amidst Russia Invasion Fears
Crude oil futures were sharply higher in mid-morning Asian trade Feb. 14 as fears of an impending Russian invasion into Ukraine carried over to...
Asia Light Ends: Key Market Indicators for Feb 7-11
According to a recent Platts Market Insight, the Asian light ends markets were expected to get support in the Feb. 7-11 week from the...
Gibson Tanker Report – The Year of The Tiger
On February 1st China will enter the year of the tiger. 2021 saw total Chinese crude imports at 512.98 million tonnes, down by 5.4%...
Crude Oil Futures Bullish After Overnight Losses
At 10 am Singapore time (0200 GMT), the ICE March Brent futures contract was up 35 cents/b (0.39%) from the previous close at...