Tag: crude
Fractal Shipping Pauses Russian Crude Trade As Fleet May Be Expanded
Russian angle 'purely opportunistic'
G7 $60/b cap breached since July
Tanker rates set to rebound: CEO
Fractal Shipping, which has carried 88 million barrels...
G E Shipping Delivers Its 2004 Built Aframax Crude Carrier
The Great Eastern Shipping Company Limited (G E Shipping) delivered its 2004 built Aframax Crude Carrier “Jag Lavanya” to the buyers. The vessel was...
Poseidon Closes Gap, August Triumph!
In August, the discount of Poseidon crude compared to Mars decreased even more in trading, thanks to the declining sulfur content of Poseidon, which...
US Crude Oil Gains on Supply Cuts, Focus Shifts To Holiday...
US crude price rises to catch-up with Brent's Tuesday gains
Saudi Arabia, Russia announced fresh supply cuts on Monday
Focus shifts to US...
Oil Export Plunge Deepens: Saudi Arabia’s 12% Drop
By agreeing to an additional voluntary production cut within OPEC (Organization of the Petroleum Exporting Countries) of 500,000 barrels per day in May and...
Grain Crunch and Dollar Dip: Oil Surges
U.S. corn, soybean futures rally on weather disruptions
U.S. dollar declines after Fed Chair Powell's comments
Some analysts expect drawdown in U.S. crude...
Venezuelan Oil Is Slowly Starting To Flow Again
A troubled South American oil giant may be shaking off a decades-long production slump, reports Axios.
Why it matters
Venezuela has the largest volume of proven...
Crude Oil Outlook Dims on Debt Limit And Recession Risks
Oil prices rebound during the week, but the near-term outlook remains somewhat bearish
Uncertainty over crude oil demand and stalled U.S. debt ceiling negotiations create a negative...
India Cuts Crude Oil Windfall Tax To Zero
India’s government this week slashed the windfall tax on domestically-produced crude oil to zero, effective May 16, according to a government notification cited by...
Oil Settles up $2 on Optimism About US Debt Ceiling, Demand
U.S. crude stockpiles rise 5 mln bbl -EIA
Reuters poll forecast 900,000 bbl U.S. crude drawdown
IEA predicts demand will outpace supply by...