Why oil tanker rates are surging again this Wednesday
Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased, ...
Crude Oil Prices3d
Supertanker Rates Double After U.S. Sanctions on Russian Oil Trade
US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...
Exclusive: Aramco chief expects additional oil demand of 1.3 million bpd this year
Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an ...
Russian oil tankers still under construction included in U.S. sanctions
Six Russian oil tankers still under construction by Russia's Zvezda shipyard were included in U.S. sanctions imposed last ...
Al Bawaba News2d
Oil demand expected to increase by 1.3M barrels in 2025
ALBAWABA - Amin H. Nasser, President & CEO of Aramco, stated that the oil market currently remains strong, with oil demand ...
Oil Tankers Reroute to Russian Pacific Port Hobbled by Sanctions
The Maini most recently loaded at Kozmino on Jan. 13 and then discharged its cargo in Dongying in China’s eastern Shandong province. The Aframax started hauling Russian oil — exclusively from the ...
Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...
Nairametrics13d
Dangote refinery is building 6.3 million barrels capacity storage for imported crude oil – Report
The Dangote Petroleum Refinery is building eight new storage tanks with a combined capacity to hold 6.3 million barrels of ...
US to impose sanctions on Russian oil fleet and traders, document shows
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.