OPEC, Oil and Plunge
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Thursday closed down -4.76 (-6.64%), and May RBOB gasoline (RBK25) closed down -0.1667 (-7.15%). Crude oil and gasoline prices plunged to 3-week lows on Thursday due to concern that President Trump’s ...
From Barchart
Canada and Mexico are the two largest sources of imported crude oil to the United States, while Europe is a significant source of imported fuel to the U.S. East Coast, which has a dearth of oil refine...
From Reuters
Credit rating agency Fitch warned they were a "game-changer" for both the U.S. and global economy, while Deutsche Bank called them a "once-in-a-lifetime" event that could easily knock between 1%-1.5%...
From Reuters
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Ever Marine Engineering Trading, acting on behalf of the five other companies that assigned their claims to it, secured an arrest order for the 105,000-dwt crude carrier Argent (built 2005) over a collective $4.2m claim for unpaid services provided in 2024, when the vessel operated under the name Jaguar.
Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil-transfer hub for more than a month — possible sign of slowing logistics for the sensitive trade to China.
A tanker carrying Russian crude for state-run Indian Oil Corp. has been denied entry to a port in the key Asian buyer due to a lack of proper documentation, according to people familiar with the development.
Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions,
Barchart on MSN2d
Crude Supported by Concerns Over Global Oil SuppliesWTI crude oil (CLK25) today is up +0.10 (+0.14%), and May RBOB gasoline (RBK25) is up +0.0148 (+0.65%). Crude oil and gasoline prices are moving higher today, with crude posting a 5-week high and gasoline posting a 7-month nearest-futures high.
Russia has ordered a 90-day halt to oil loading at berth 8 in the Novorossiysk port, following safety inspections, though the impact on Russian oil exports is expected to be minimal.
India's crude oil imports from the United States increased by 67% in March compared to February, as Indian refiners sought to diversify their supply away from Russia and as India attempts to reduce its trade surplus with the U.
Two tankers, one carrying 100,000 metric tons of crude oil and another carrying 5,600 tons of gasoline have arrived at the Syrian port city of Baniyas, Syrian state news agency SANA reported on ...
China is the world's biggest crude importer. A decline in crude oil held worldwide on tankers is bullish for oil prices. Vortexa reported Monday that crude oil stored on tankers that have been ...
Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation's oil and producer Chevron began reducing its tanker fleet there,
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