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Supertanker rate roller coaster: Surprise spike to $91,000 per day
FreightWaves via Yahoo Finance· 11 months 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...
Venezuelan oil exports flow using false documents, ships linked to Iran
Reuters via Yahoo News· 1 year agoWhen the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had...
We won’t be able to steady the ship on inflation while wages speed on
Evening Standard via Yahoo Finance· 10 months agoAlmost imperceptibly the vast supertanker that is the good ship UK plc is starting to turn. Captain...
As shale oil gains slow, deepwater port struggles for customers
Reuters via Yahoo Finance· 3 weeks agoAs U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious...
Volkswagen is losing the electric car race to Tesla and China
CNN Business via Yahoo Finance· 5 months agoWhen Volkswagen mapped out its electric future in 2019, it was the world’s biggest carmaker, with...
Supertanker Stocks Ride The Waves Of Volatile Oil Market
Oilprice.com via Yahoo Finance· 8 months agoDespite the current downturn in shipping stocks due to OPEC+ production cuts, long-term optimism remains strong in the tanker market, with experts predicting a surge in 2024.
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...
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 ...
Big Oil Companies Warm to Biden After Years of Bad Blood
The Wall Street Journal· 4 weeks agoBUSINESS Heading into an election in which energy prices figure to be a key issue, President Biden...