July 23, 2019
Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of...
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Oil
July 22, 2019
China's two major oil and gas companies reported growth in oil and natural gas production during the first half of the year. (more…)
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July 17, 2019
As recently as a year ago, the oil market was in a panic about changes to the kind of fuel that ships must burn. (more…)
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July 9, 2019
Oil tanker owners are avoiding sending their ships to the Middle East’s main refueling hub after a spate of attacks on vessels in the past...
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July 5, 2019
Asian oil refiners are being squeezed by rising freight rates and insurance costs for shipping crude from the Middle East after attacks on ships in...
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July 4, 2019
They may still be six months away, but new rules on marine fuels are already sending shock-waves through the little-known world of refinery feedstocks. (more…)
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July 3, 2019
April was a disappointing month for the crude oil shipping industry with a dramatic fall in US crude oil exports which caused tonne mile demand...
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July 3, 2019
A US military plan to seek more international support to protect oil shipments through the Strait of Hormuz will be challenging, especially with President Donald...
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July 3, 2019
As Chinese refiners struggle with low profits from turning oil into products like gasoline and plastics that have prompted run cuts across the country, a...
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July 1, 2019
The world’s oil refineries could have done more to be ready in time for new rules governing the kind of fuel that merchant vessels must...
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June 28, 2019
April was a disappointing month for the crude oil shipping industry with a dramatic fall in US crude oil exports which caused tonne mile demand...
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June 25, 2019
The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum....
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June 25, 2019
In the opinion of Russian officials, the oil contamination crisis that disrupted flows from the world’s second-largest exporter of crude this spring is long over....
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June 24, 2019
The volume of clean oil products flowing from the Persian Gulf into Asia could see some drops in the coming weeks as Asian traders and...
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June 24, 2019
Oil rocketed to its biggest weekly gain in more than two years as U.S. President Donald Trump’s aborted air strikes against Iran left Middle East...
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