LNG buyers and sellers seek greater supply diversity amid Iran war
(BOE Report) – LNG buyers are looking to diversify sourcing as the US-Israeli war against Iran cuts Gulf shipments, with […]
Transportation
Trafigura Launches Volare Shipping to cash in on record tanker rates
(Oil Price) – One of the world’s biggest oil traders, Trafigura, is spinning off its supertanker business in a new company. […]
U.S. investigates suspected cyber attacks on Texas-bound tankers
(Oil Price) – U.S. Coast Guard and Federal Bureau of Investigation (FBI) agents last month boarded tankers to probe suspected cyber […]
Oil prices top $109 on fresh Mideast fighting, Hormuz meeting delay
(Investing) – Oil prices rose sharply on Monday after more Houthi attacks on Saudi Arabia, as well as postponed talks […]
Why is the Bab el-Mandeb Strait so important?
(BOE Report) – The Iran-backed Houthis are seeking to control the whole Yemeni Red Sea coast, which would further consolidate […]
Brent crude oil rises above $100 a barrel as Middle East conflict intensifies
(Investing) – HOUSTON – Brent crude futures breached $100 a barrel on Wednesday for the first time since late July, as Iran […]
Gulf shipping traffic via Hormuz keeps below 10-day average, data shows
(BOE Report) – Four commodity vessels transited the key waterway of the Strait of Hormuz on Thursday, down from nine […]
Hormuz shipping slumps as U.S.-Iran strikes rattle oil markets
(Oil Price) – The number of tankers traversing the Strait of Hormuz remains below the ten-day average, according to ship-trackers, with […]
Hormuz shipping slumps as U.S.-Iran strikes rattle oil markets
(Oil Price) – The number of tankers traversing the Strait of Hormuz remains below the ten-day average, according to ship-trackers, with […]
The Iran war has turned VLCCs into $650,000-a-day assets
(Oil Price) – More Gulf oil is moving again. Getting it out now costs a fortune. Earnings on the benchmark Saudi […]