Technical problems have severely reduced tanker loadings at the key Russian oil port of Ust-Luga this month. Traders told ...
“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity ...
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Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been crippled by sweeping US sanctions.
“First oil at the Future Growth Project is the latest in a series of development milestones, including in the Gulf of Mexico ...
US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...
Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an ...
ALBAWABA - Amin H. Nasser, President & CEO of Aramco, stated that the oil market currently remains strong, with oil demand ...
President Trump plans to refill the US Strategic Petroleum Reserve, which was significantly drained under the Biden ...
(Bloomberg) — Tankers that used to haul oil from Russia’s western ports are being ... Most ships typically used for the trade are Aframaxes, which have capacity of around 750,000 barrels. At least two ...