May 22, 2019
Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. (more…)
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Oil
May 21, 2019
A unit of asset management firm Carlyle Group LP this week will appeal to the Trump administration to guarantee a two-year approval of its South...
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May 17, 2019
A tanker carrying Iranian fuel oil in violation of U.S. sanctions has unloaded the cargo into storage tanks near the Chinese city of Zhoushan, according...
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May 16, 2019
Russia’s efforts to resolve an unprecedented oil-contamination crisis suffered a setback as the nation loaded another tainted cargo from a port in the Baltic Sea,...
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May 8, 2019
Oil prices tumbled, joining a slide in global equity markets as President Donald Trump’s latest tariff threats raised the stakes in the U.S.-China trade war....
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May 7, 2019
U.S. President Donald Trump has just given commodity markets a reminder that stormy waters can blow up quite quickly even if the voyage ahead was...
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May 7, 2019
U.S. refiners have turned to several lesser-used oil suppliers in the wake of U.S. sanctions that restricted usual providers of widely-used grades as they gear...
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May 1, 2019
From algorithms to track “dark” ships smuggling stolen crude oil to an online licensing system to undercut corruption, one Nigerian government agency hopes it can...
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May 1, 2019
Some 20 million barrels of Iranian oil sitting on China’s shores in the northeast port of Dalian for the past six months now appears stranded...
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April 25, 2019
It seems Asia’s biggest oil buyer can’t stay away from crude pumped in the world’s fastest-growing supplier for long. (more…)
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April 24, 2019
Asian buyers of Iranian crude are well placed to overcome the end of U.S. sanctions waivers as they have demonstrated they can live without it...
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April 23, 2019
The United States on Monday demanded that all buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off...
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April 22, 2019
Qatar Petroleum said on Sunday it had concluded a 10 year sales agreement to supply Thailand’s SCG Chemicals with a total of 3 million metric...
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April 19, 2019
Saudi Arabia’s crude oil exports fell by 277,000 barrels per day (bpd) in February from the month before, official data showed. (more…)
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April 18, 2019
Indian refiners are increasing their planned purchases from OPEC nations, Mexico and the United States to make up for any loss of Iranian oil if...
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