Crude Oil is an important energy source used in several machines, equipment, and products, such as cosmetics and paints. According to the United States Energy Information Administration Repo… Read More
Image for representation purposes onlyRising sea levels threaten global oil shipments, which could risk energy security dependent on nations such as China, Japan and South Korea.
According t… Read More
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Russian crude exports totalled 5.05 million bpd in April, of which benchmark Urals was 3.44 million bpd, Vortexa figures show. That includes Kazakh crude shipped from Russia |… Read More
The crude transportation market involves the transportation of unrefined crude oil from production facilities and oil fields to refineries and export terminals. Pipelines are considered one… Read More
Image for representation purposes only.India will receive two warships built in Russia in the coming months as the two nations try to handle the U.S. sanctions, which is making it difficult… Read More
(Bloomberg) — Russia’s seaborne crude exports jumped in the final week of March to the highest so far this year, even as average shipments in the first quarter were&nbs… Read More
China’s intake of Russian crude is set to reach a record this month, Kpler data cited by Bloomberg shows.
Imports of Sokol crude are on course to jump as Indian buyers back away.
The… Read More
By Julian Lee (Bloomberg) — Russia’s seaborne crude exports surged to the highest level for the year so far, with shipments from a key Pacific port rebounding afte… Read More
Oil prices rise as revised IEA forecasts suggest tighter market
By Arathy Somasekhar
HOUSTON (Reuters) -Oil prices rose on Thursday as the International Energy Agency’s predicted a t… Read More
Dow was off 75, advancers were slightly ahead of decliners & NAZ declined 92. The MLP index crawled up to the 271s & the REIT index inched up to the 377s. Junk bond funds… Read More
In the wake of recent geopolitical tensions, the logistics and transportation sectors are facing a new challenge that could ripple through the global economy for months to come. As of late… Read More
International Shipping Lanes act as the life and blood of global maritime trade, facilitating the smooth movement of goods and services from one part of the world to another. Per IMO, approx… Read More
said the Managing Director and Chairman Fitch Agency For sovereign ratings in Europe, the Middle East and Africa, Jan Friedrich N. Disturbances The Red Sea It will not affect country rankin… Read More
The world of global trade is no stranger to challenges and disruptions. Recently, the oil market has been bracing for weeks-long disruptions to shipping in the southern Red Sea, driven by Ho… Read More
20/1/2024–|Last updated: 1/20/202404:57 PM (Mecca time)
The oil market is preparing for additional weeks of disruption Sea shipping south The Red Seawhere you attack Houthi grou… Read More
Bulgaria, a former Soviet ally and one of the largest buyers of Russian oil in Europe, has decided to diversify its oil imports and reduce its dependence on Moscow amid rising tensions in th… Read More
17/1/2024–|Last updated: 1/17/202409:28 AM (Mecca time)
The Financial Times newspaper warned that the US strikes on targets…Houthi group In Yemen, fears are raising of a br… Read More
Dow dropped 231, decliners over advancers better than 3-1 & NAZ fell 28. The MLP index was off 1 to the 257s & the REIT index declined 2+ to the 288s. Junk bond funds dri… Read More
RUSSIA redirected its oil exports from Europe to China and India, deputy prime minister Alexander Novak said last Wednesday (27), almost two years after Moscow was hit by sanctions over the… Read More
The Bab-el-Mandeb the Gate of Grief or the Gate of Tears, is a strait between Yemen on the Arabian Peninsula, Djibouti, and Eritrea in the Horn of Africa. It connects the Red Sea to th… Read More
Dow slid back 18, advancers over decliners better than 2-1 & NAZ rose 29. The MLP index stayed in the 255s & the REIT index crawled fractionally to the 393s. Junk bond fu… Read More
A crucial metric that defines the capacity and capacities of these gigantic ships that sail the high seas is their length. This is especially true o… Read More
The Red Sea is one of the most important trade routes in the world, connecting markets in Europe, Africa, and Asia. Along its shores lie several vit… Read More
Oil Technical Analysis - Oil prices dipped in the Asian session, pressured by increasing supply indications. Russia's weekly seaborne crude exports has reached a peak since early July, as no… Read More
Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh
By Mohi Narayan and Florence Tan
NEW DELHI (Reuters) – Oil futures reversed course after rising briefly on Monday am… Read More
Key Highlights:
U.S. Dollar Dominance: Decades of international oil trade using the dollar
India’s Demand: Shift to rupee payments caused significant disruptions
Russian Suppl… Read More
Dow inched up 13 after selling in the last 2 hours of trading, advancers over decliners about 2-1 & NAZ slid back 23. The MLP index rose 2 to the 255s & the REIT index remained… Read More
This week’s oil prices are rising as markets prepare for OPEC’s output cuts.
WTI Oil traders prepare for potential headline risks as OPEC ministers convene this weekend.
Th… Read More
Presented by The American Cancer Society Cancer Action Network: Tomorrow’s conversation, tonight. Know where the news is going next. Nov 17, 2023… Read More
European Union countries have quietly funded Vladimir Putin’s war machine to the tune of €6.1 billion (£5.4 billion) this year through the purchase of liquified natural ga… Read More
In bear market of 2022, oil stocks took the limelight with their success stories. Even though higher inflation adversely impacted consumer spending and business sentiment, it positively impa… Read More
Russian fuel producers have been told by the government to prepare for the scrapping of all remaining restrictions on the export of diesel and gasoline, three industry sources told Reuters… Read More
Ships bound for Israel face a 10-fold increase in war risk premiums as the battle in Gaza escalates, prompting industry to call on government officials to help ensure essential goods continu… Read More
Analysts link the move to maintenance works at several refineries and higher global crude pricesRussia is likely to sharply increase oil exports in November, business daily Kommersant report… Read More
(Bloomberg) — Russia’s seaborne crude flows fell to their lowest since January after an unexplained slowdown at the Black Sea port of Novorossiysk, while the nation ple… Read More
USD/JPY fell 275 pips immediately after the JOLTS report sent price action above the 150 level
Japan MOF Official: No comment on in Japan intervened with the yen
JOLTS: August job openings r… Read More
Crude flows remained above 3.25 million barrels a day for four weeks straight, tanker-tracking data showsRussian seaborne oil exports soared to a three-month high last week despite Western s… Read More