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Oil supertankers are raking in the most money since 2020 thanks to a surge in US and Middle East...
Business Insider via Yahoo Finance· 2 years agoSuriyapong Thongsawang The benchmark daily rate for oil supertankers neared $40,000 on Wednesday,...
Supertanker rate roller coaster: Surprise spike to $91,000 per day
FreightWaves via Yahoo Finance· 1 year agoThe International Energy Agency predicts Asia will buy growing volumes of U.S. crude through 2028....
Venezuela to ship fuel to Cuba on US-blacklisted supertanker
Reuters via Yahoo News· 1 year agoVenezuela's state-run oil company PDVSA on Monday was loading a supertanker with crude and fuel for...
We won’t be able to steady the ship on inflation while wages speed on
Evening Standard via Yahoo Finance· 12 months agoAlmost imperceptibly the vast supertanker that is the good ship UK plc is starting to turn. Captain...
UN: Pledge goal reached for averting oil disaster off Yemen
Associated Press via Yahoo News· 2 years agoThe United Nations said Monday it has finally reached a pledging goal to raise money to remove 1...
As shale oil gains slow, deepwater port struggles for customers
Reuters via Yahoo Finance· 2 months agoAs U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious...
South Korean Shipper Sparks Surge in Global Oil Tanker Rates
Oilprice.com via Yahoo Finance· 5 months agoThe cost to ship crude oil from the US Gulf to China has surged due to a significant increase in...
Rising Chinese Crude Demand Sends Supertanker Rates Soaring
Oilprice.com via Yahoo Finance· 1 year agoShipping rates for supertankers have recently shot up above $100,000 a day as the market for very large crude carriers (VLCC) tightens and Chinese oil demand rises. Chinese refiners are chartering ...
Venezuelan oil exports flow using false documents, ships linked to Iran
Reuters via Yahoo Finance· 2 years agoWhen the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had...
Shipping oil from the US to Europe costs 12 times more than the start of 2022 as nations continue to...
Business Insider via Yahoo Finance· 2 years agoThe Russian-flagged oil tanker Pegas is pictured at a port in Marmara Ereglisi, western Turkey...