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Asian buyers snap up US crude, adding stress to tight marketAsian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...- Russia's oil exports to Asia via Arctic route start strongly, sources say and data showsRussia is shipping crude oil via its Arctic route faster than last year. Seven cargoes carrying six million barrels are already heading to ...
- US is set to import most Middle East crude since Iran war beganUS crude imports from the Middle East are reaching their highest levels since the Iran war began. This surge is driven by a brief Strait of...
- Two VLCCs exit Strait of Hormuz, where traffic remains thinTwo large oil tankers exited the Strait of Hormuz on Friday, with traffic remaining thin. One vessel loaded Saudi crude and is anchored off...
- Ships transiting via Bab el-Mandeb strait at highest in a week, data showsThirty-seven commodity ships passed through the Bab el-Mandeb strait on Tuesday, a notable increase. Only a few vessels transited the Strai...
- Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...
- Indian Oil Corp cancels Iraq oil lifting amid Hormuz attacks, sources sayIndian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...
- Iran-linked vessels pass through Hormuz ahead of US blockadeVessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...
- BPCL buys 1 million barrels of US crude via tender, sources sayBharat Petroleum Corporation has purchased one million barrels of US West Texas Intermediate crude oil. This significant purchase was made ...
- Indian refiner MRPL cancels Middle East vessel charter: ReportIndia's Mangalore Refinery and Petrochemicals has cancelled a vessel charter for crude oil. The company cited technical reasons for not pro...
- India's MRPL books Iraq crude cargo after Strait of Hormuz reopeningMangalore Refinery has chartered a vessel to load crude oil from Iraq. This marks the first such move by an Indian state-owned refiner sinc...
- Oil tankers get 'dirty', ditching fuels for crude as rates boomTanker ships are shifting from carrying refined products to crude oil. This change is driven by increased freight rates for oil transport. ...
- Tankers with Russian oil idle off India as refiners seek steerSeveral oil tankers carrying Russian crude are currently stationed off India's western coast, facing scrutiny amid pressure from the US and...
- India's use of crude tankers to export diesel slows in MayIndian refiners reduce diesel shipments to Europe in May due to rising inventories and weak price spreads. April saw high exports, mostly f...
- Indian demand for Urals crude keeps Russia's exports upIn March, India's purchases of Urals oil accounted for more than 65% of total seaborne exports of Urals, Refinitiv data showed. Traders sai...
- Russian oil logistics in chaos with weeks until sanctions biteA vast shadow fleet of tankers with unknown owners is being amassed to service Moscow’s interests. Intense US-led diplomatic wrangling to s...
- Russia sanctions spur buying frenzy for ice-breaking tankersThe EU will ban seaborne imports of Russian crude to member countries from Dec. 5 and restrict its companies from shipping, insuring and fi...
- Exxon declares force majeure on Russian Sakhalin-1 operationsExxon Mobil Corp said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due to sanc...
- Shipping Corp gets govt nod for 12 vesselsPublic sector undertaking Shipping Corporation of India on Friday said it has received government's approval for acquiring 12 vessels at a ...
- GE Shipping delivers 'Jag Leena' to buyersMarine logistics services provider, Great Eastern Shipping Company Ltd on Friday said it has delivered its aframax crude carrier 'Jag Leena...
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