Tanker stocks rose in New York and Oslo after Donald Trump said the US would put “maximum pressure” on Iran to curb oil exports. Frontline jumped 7.5% in New York to $18.87 per share. Shares traded ...
To sustain its oil exports, Russia has been drawing on a network of old tankers it sources from private sellers around the ...
Project identifies Greek owners as big winners of booming market for tankers that end up in Russian shadow fleet ...
Some of the Barbados ships have already been re-registered with other nations including Tanzania and São Tomé and Príncipe.
Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm.
SINGAPORE (Reuters) -A tanker subject ... and reduced ship availability. The U.S. Office of Foreign Assets Control said the Mermar had made a port call in a Russian port where oil has consistently ...
OIL prices rose more than 2 per cent on Wednesday, supported by a large draw in US crude stockpiles and potential ... head of commodity strategy at Saxo Bank. “Tankers carrying Russian crude seem to ...
Last week, Reuters reported that a purported U.S. Treasury document circulating among traders in Europe and Asia, revealed that some 180 vessels, several senior Russian oil executives, dozens of ...
According to ship ... move in tanker freight rates is not just a reaction to the news. The supply of available ships is shrinking rapidly, and that is fundamental.” Analysts added, “Currently, the ...
The 2-million-barrel draw was more than the 992,000-barrel decline analysts had expected in a Reuters poll, and added to a tightened global supply outlook. Limiting oil's gains, Israel and Hamas ...
after earlier levying broader sanctions on Russian oil producers and tankers. Moscow's top customers are now scouring the globe for replacement barrels, while shipping rates also have surged.
Oil prices rose about 2 per cent on Wednesday on a large draw in U.S. crude stockpiles ... head of commodity strategy at Saxo Bank. "Tankers carrying Russian crude seem to be struggling offloading ...