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BASRAH OIL TERMINAL
Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...
PetroChina, Indian Oil fail to secure tankers to load Iraqi crudePetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinoc...
Three crude oil tankers exit Strait of Hormuz with trackers switched off, data showsCrude oil tankers are taking precautions to avoid Iranian attacks. Vessels are switching off trackers when exiting the Strait of Hormuz. Th...
First movers at Hormuz: Two Chinese tankers will test Iran-US truce at crude chokepointTwo Chinese oil tankers, Cospearl Lake and He Rong Hai, are heading towards the Strait of Hormuz, potentially becoming the first large fore...
Iran-Israel war: Iraq urges customers to send oil loading plans after Hormuz exemption, document showsIraq's state oil marketer SOMO has asked customers for crude oil lifting schedules within 24 hours. This follows reports that Iran has exem...
US oil heads to Greece for first time in four years as refiners seek alternatives to Middle East crudeUS crude oil is reaching Greece for the first time in four years. This shift is driven by Middle East conflicts impacting trade routes. Mea...
Oil prices climb on weak dollar, supply concernsThe oil and gas rig count, an early indicator of future output, rose four to 763 in the week to Sept. 16, its highest since August, energy ...
Global oil glut likely to help India save Rs 1.5 lakh croreIt would be enough to cover the Centre's school education, health, women and child development budgets and pay for the rural jobs scheme.
MT Desh Shanti arrives in Vizag after Iran releaseThe tanker reached at Off Shore Tanker Terminal (OSTT) of Visakhapatnam Port at 0535 hours today," port sources said.