On the East Coast, bunker demand at the port of New York has ticked up, a source said. Availability of all three conventional grades is normal. LSMGO requires lead times of 3-6 days, and premiums for ...

Crude oil loadings at Saudi Arabia’s ports of Ras Tanura and Juaymah have surged following disruptions to the 1,200 km East-West Pipeline, market intelligence firm Kpler said. IMAGE: Tugboats docked ...

Production at Libya’s largest oilfield has plunged this week, after an armed military group reportedly closed a valve on its export pipeline on Monday, Libya’s National Oil Corporation (NOC) said. The ...

Commercial US crude oil inventories increased by around 3 million bbls to 426.4 million bbls in the week ending 18 September, according to data from the EIA. Refineries operated at 94% of their ...

Brent crude’s price has bounced back above $100/bbl threshold as hopes of a diplomatic breakthrough hit a roadblock at the UN General Assembly yesterday. IMAGE: . Oi ...

The front-month ICE Brent contract has gained by $6.34/bbl on the day, to trade at $105.77/bbl at 09.00 GMT. Brent crude's price has reversed course, surpassing the $105/bbl mark, as hopes of a ...

The US delegation walked out of negotiations at the IMO's 83rd Marine Environment Protection Committee (MEPC 83) meeting in April 2025. The meeting ended with a draft Net-Zero Framework (NZF) being ...

Norwegian shipping firm Höegh Autoliners has ordered six LNG dual-fuel pure car and truck carriers (PCTCs) from China Merchants Heavy Industry in Jiangsu. IMAGE: LNG dual-fuel pure car and truck ...

US crude oil inventories increased by 1.78 million bbls in the week ending 18 September, according to estimates from the American Petroleum Institute (API), as cited by Trading Economics. A build in ...

Luxembourg-based logistics company Compagnie Luxembourgeoise de Navigation (CLdN) has ordered two vessels from Korean shipbuilder HD Hyundai Heavy Industries. The 6,700 lane-metre roll-on/roll-off ...

Electric shore power infrastructure firm Wah Kwong NatPower (WK NatPower) has partnered with Aberdeen Restaurant Enterprises to explore the electrification of piers, vessels and supporting energy ...

Oil has retreated this week amid growing optimism that high-stakes diplomacy at the United Nations General Assembly (UNGA) summit could help bridge the diplomatic divide between Washington and Tehran.