Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

By Ben Aris in Berlin The Biden administration imposed theharshest ever oil sanctions ever on Russia on January 10 that ...

Freight rates for VLCCs that can carry 2M barrels of crude across major routes reportedly jumped after Unipec, the trading arm of Asia's largest refiner Sinopec, chartered several supertankers on ...

SINOPEC CORP (00386.HK)'s trading arm, Unipec, chartered a number of supertankers last Friday (10th), shoring up the freight rate sharply for each VLCC carrying 2 million barrels of crude oil, report ...

1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.88 USD 1 Barrel = 336 Pint Oil (WTI) Price Per 1 Pint 0.23 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 579.49 USD 1 ...

This is equivalent to a 15% rise, bringing the cost to charter a supertanker on that route to ... slumped to $1.17 a barrel, from $4.69 on Jan. 9, before the sanctions were announced, LSEG data ...

According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in ...

Apple is already testing the initial batch of processors produced for its devices by TSMC Arizona, reports Nikkei Asia. To ...

The global AI medical imaging market, valued at US$ 1.29 billion in 2023, is forecasted to grow at a robust CAGR of 22.4%, ...

(Bloomberg) -- Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia continued to propel supertanker rates ... Daily earnings for ...

The real-time price of Brent crude oil is at $80.13 per barrel, and the price of WTI crude oil is at $77.36 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...