Oil

Headlines

Russia launches major Vostok Oil project with first Arctic loading

info info - September 7, 2026

Headlines

Oil jumps more than 2% after US attack on Iran’s Larak Island

info info - August 31, 2026

Headlines

Hormuz oil flows rising as Gulf Giants’ ramp up accelerates

info info - August 28, 2026

Headlines

Oil falls as US prepares to unveil new Iran sanctions

info info - August 24, 2026

Oil

China’s Demand Comeback To Help Oil Weather Banking Crisis

Oil will rebound after recent banking turmoil as demand from top consumer China is set to soar, but worries around economic growth will keep...

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South Korea’s reliance on Saudi crude on track to reach 18-year high in 2023

South Korea is increasingly relying on Saudi crude oil, with the world’s fourth biggest crude importer taking more than a third of its total...

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China’s 2023 crude oil imports set for 6.2% rise, but risks prevail

China’s crude oil imports will average 10.8 million barrels per day (bpd) in 2023, matching the previous record high from 2020, according to the...

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Spain Tightens Rules on Ship-to-Ship Oil Transfers

The Spanish government has tightened its rules around ship-to-ship oil transfers after an uptick in the activity along its coastline. Oil tankers seeking to carry...

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Record U.S. Crude Flows to Europe and China

U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide discounts...

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Rising Rates Are Reshaping Once-Lucrative Commodity Trades

Higher interest rates are forcing commodity traders to rethink some deals and push up prices, in the latest example of how a period of...

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Tanker Giants Sprout From Nowhere To Keep Russian Oil Moving

At a downtown office block in Mumbai, packing tape peels off a black door whose handle appears to have been ripped out. A pile...

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Brazil tax appeal board rules against Petrobras in $3.4 bln case

Brazilian state-run oil firm Petrobras PETR4.SA said that the country's tax appeal board Carf dismissed its appeal in a case related to unpaid taxes...

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Shell Commits to Dover Project in U.S. Gulf of Mexico’s Deep Water

Shell plc said on Wednesday it has taken a final investment decision on the Dover exploration field in the U.S. Gulf of Mexico, which...

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OPEC Retains Oil Demand Growth Projections

The OPEC Reference Basket (ORB) value rose by 26¢, or 0.3%, m-o-m in February to average $81.88/b. The ICE Brent front-month contract declined by...

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China’s first arctic container service reaches Europe

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Hormuz shipping traffic in single digits, data shows

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MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

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Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...