News

MSC Mediterranean Shipping Company’s Liberian-flagged 1,728-teu MSC Elsa 3 (built 1997) went down on 25 May after developing ...
Crude oil prices stable recently as traders weigh if bearish news is fully priced in. OPEC+ plans production increase in June amid rising supply, limiting crude’s upside potential. Tariff pauses ease ...
India's Russian crude oil imports are surging, projected to hit a 10-month high in May, driven by increased demand for lighter grades like ESPO Blend. This surge, fueled by refinery shutdowns and ...
U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data released Wednesday by the U.S. Energy Information Administration.
China's onshore crude oil buildup averaged over 1.1 million barrels per day in April. State-owned Chinese traders are driving the buildup, capitalising on price fluctuations. China's stockpiling ...
(RTTNews) - Crude oil futures moved sharply lower over the course of the trading day on Wednesday, giving back ground following the surge seen in the previous session. After spiking $1.96 or 3.4 ...
Iranian oil accounted for 16% of China's March seaborne crude oil imports ... with some shipments delivered by dealers into tanks looking for buyers. The U.S. has imposed four rounds of sanctions ...
U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...
As we continue to address the damage from Hurricane Beryl, we are reckoning with another disaster: a crude oil tank farm proposed right outside city limits. The site would also use a major artery ...
Oil prices could surge past $200 a barrel if Iran's oil installations are taken offline, a chief commodities expert said. Iran accounts for over 2 million barrels of crude exports per day.