Oil

Latest news from the commodity market. Updates on commodity trading, prices and futures news.

Oil

Malta-flagged Iranian crude oil supertanker "Delvar" is seen anchored off Singapore in this March 1, 2012 file photo. The United States expects countries that buy oil from Iran to further reduce their purchases if they want to avoid U.S. sanctions, a State Department source said on December 5, 2012.  REUTERS/Tim Chong (SINGAPORE - Tags: BUSINESS POLITICS ENERGY MARITIME)

July 18, 2018

The pace of growth in China’s crude imports may slow in H2 as a cocktail of lower runs at independent refiners, potential delays in the...
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crude_oil_tanker-ship

July 13, 2018

The growth in crude oil demand from China’s independent refiners is expected to take a hit in 2018 as tighter tax regulations take hold, forcing...
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Bimco_tanker

July 10, 2018

Crude oil tanker earnings have since records began, never been this bad. (more…)
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iran-oil

July 6, 2018

The U.S. Navy stands ready to ensure free navigation and the flow of commerce, the U.S. military’s Central Command said on Thursday, as Iran’s Revolutionary...
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crude oil export korea

July 4, 2018

The role of the US Atlantic market in clearing crude oil barrels from West Africa and Europe is likely to diminish through August as a...
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oilplatform

July 3, 2018

Oil prices rose on Tuesday after Libya declared force majeure on some of its crude exports, while the loss of Canadian supplies helped lifted U.S....
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oil_bar

July 2, 2018

Four supertankers chartered by energy major BP have been held up or delayed off China’s east coast over the last two months, unable to fully...
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glencore

July 2, 2018

Commodities trader Glencore PLC is in talks to acquire Brazilian fuel distribution company Alesat Combustíveis SA, Brazilian newspaper Valor Economico said. (more…)
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crude

June 28, 2018

Oil rose to a level last seen in late 2014 after U.S. crude stockpiles tumbled by the most since September 2016. (more…)
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aframax1

June 28, 2018

US crude oil exports to the Mediterranean and West European countries have dragged down Aframax rates in these areas, seriously hurting the earnings of shipowners...
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Malta-flagged Iranian crude oil supertanker "Delvar" is seen anchored off Singapore in this March 1, 2012 file photo. The United States expects countries that buy oil from Iran to further reduce their purchases if they want to avoid U.S. sanctions, a State Department source said on December 5, 2012.  REUTERS/Tim Chong (SINGAPORE - Tags: BUSINESS POLITICS ENERGY MARITIME)

June 28, 2018

Kuwait Petroleum Corporation (KPC) has issued its first ever tender to sell a new grade of crude oil in Asia, three industry sources with knowledge...
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oil-rig

June 27, 2018

Big Oil sung the Trump administration’s praises when the U.S. president slashed corporate taxes at the end of last year. Now, with trade wars looming,...
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oil_tanker_deck

June 22, 2018

Oil markets are bracing for a reshuffle of global trade flows as China threatens to impose tit-for-tat tariffs on imports of U.S. energy products, including...
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china_us

June 19, 2018

China’s threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now...
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china_us

June 18, 2018

Beijing surprised oil markets with threats to levy tariffs on imports of U.S. crude oil, natural gas and other energy products on Friday, just as...
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