Oil

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

Oil

oil

March 21, 2019

For a glimpse into what the global oil price might look like one day, a good place to look is the Dutch port of Rotterdam....
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crude

March 21, 2019

The global chasm in crude oil quality supply shows no signs of narrowing, prompting refiners to lighten their slate and leading to a market awash...
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fire

March 19, 2019

A massive fire at a fuels storage company along the Houston Ship Channel may burn for two more days, an official said on Monday as...
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pdvsa

March 18, 2019

A second maritime firm has told Venezuela’s state-run oil firm Petroleos de Venezuela it would end all charter contracts with the company as a result...
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Exxon-Mobil

March 18, 2019

As the shipping world scrambles to get ready for the International Maritime Organization’s IMO 2020 ruling, oil major ExxonMobil’s marine fuels outfit is “digging deep”...
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THEO-T

March 15, 2019

A Carlyle Group $1 billion deepwater crude export project faces a delay of up to 18 months after regulators called for a full environmental review,...
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Iran_oil

March 14, 2019

Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed US sanctions are making potential...
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oil

March 12, 2019

Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading firms and oil majors, in a market...
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ELPE

March 1, 2019

Hellenic Petroleum, Greece’s biggest oil refiner, said on Thursday that two of its three refineries are already compatible with tougher global marine fuel rules. (more…)
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tanker

February 27, 2019

Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output at a time when...
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pdvsa

February 14, 2019

Venezuelan oil company PDVSA is looking to double exports to India as U.S. sanctions hobble deliveries to the United States and Europe. (more…)
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crude oil export korea

February 12, 2019

When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year, U.S. oil producing companies came well prepared....
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oil_bar

February 8, 2019

Strong demand for sour crude grades helped boost LOOP Sour deliveries in January. (more…)
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iran-oil

February 6, 2019

Iran’s oil minister on Tuesday criticized Greece and Italy for not buying its oil despite U.S. waivers and said they had not offered Tehran any...
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TOTAL

January 30, 2019

Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company’s focus on risky...
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