Thursday, September 10, 2026

Oil

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Oil

More Russian crude & products set for Asia in 2023 – Vitol

More Russian crude oil and products will head to Asian markets in 2023 while Europe will turn more to the Middle East to buy...

Russia could continue OPEC+ cooperation beyond 2022 -deputy PM

Russia could continue cooperating within the OPEC+ oil production agreement beyond 2022, Deputy Prime Minister Alexander Novak said, after a surprise meeting with Saudi...

IEA: World Oil Demand to Reach 101.6 mb/d in 2023

According to the IEA Oil Market Report (OMR), world oil demand is forecast to reach 101.6 mb/d in 2023, surpassing pre-pandemic levels. While higher...

OPEC Raises Oil Demand Growth For Second Half of 2022

Crude oil spot prices recorded solid gains in May, buoyed by strong physical crude market fundamentals.Tight oil product markets and high refining margins have...

After Ruling, Iran Expects to Get Its Confiscated Oil Back

Iran expects an oil cargo confiscated by the United States off the coast of Greece to be returned in full, Tehran’s ambassador to Athens...

Russia hikes oil exports from major Eastern port to help offset EU ban

Russia is ramping up oil exports from its major eastern port of Kozmino by about a fifth, aiming to meet surging demand from Asian...

Citi raises oil price forecasts on “heavily delayed” Iran deal

Citi Research raised its quarterly oil price forecasts for this year and its year-average outlook for 2023, because additional supply from Iran looked heavily...

US May Allow More Iran Oil to Flow Even Without Deal

The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord, according to the biggest...

EU Russian Oil Ban to Redirect Trade Flows, Prop up Prices – Fitch

An agreement to ban Russian seaborn exports of oil and oil products reached by the EU this week will redirect trade flows and keep...

Saudi, OPEC may make up for Russian oil output loss as Biden visit looms

Saudi Arabia and other OPEC states may boost oil production to offset a drop in Russian output, a move that could ease sky-high oil...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

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...