Falling tanker rates have temporarily improved demand for U.S. crude, helping lift benchmark prices as shipping costs to Asia ease.
Prospect of more oil being exported to US drove regional tanker rates to their highest in almost 2 years. Read more at ...
January WTI crude oil (CLF26) on Monday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0340 (+1.99%). Crude oil on Monday rallied on geopolitical risks in Venezuela and ...
Executives from Frontline, DHT, Teekay and TEN cited six-figure VLCC rates, sanctions dynamics and limited yard slots as ...
Falling tanker rates are improving the export outlook for U.S. crude, and prices for light sweet barrels, in particular, are getting a lift. The differentials for WTI MEH and WTI Midland against ...
Any return to normal traffic through the Suez Canal could more than offset any increase higher tanker rates caused by the redirection of Venezuelan oil, Fitch said. This content was created by Oil ...
January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday. Crude prices are ...
U.S. crude fell to the lowest levels since early 2021 this week, as traders see a potential peace agreement in Ukraine bringing Russian crude back to a well supplied market. But President Donald Trump ...
2025 Review2025's Crude Tanker Shipping Outlook had several predictions, some of which defied 2024's market trends: Global and Chinese seaborne crude oil demand increasing, lower crude oil prices, a ...
Oil prices have rebounded sharply on geopolitical risk despite no meaningful supply losses.
February WTI crude oil (CLG26) on Tuesday closed up +0.37 (+0.64%), and February RBOB gasoline (RBG26) closed up +0.16 (+0.09%). Crude oil on Tuesday extended Monday's rally on concern about oil risks ...