Discounts for Russian flagship Urals crude in Indian ports have tripled since August against dated Brent as U.S. sanctions drive key buyers away from Moscow-supplied oil, three sources involved in the trade said.The United States last month…
Russian Urals Discounts in India Triple Since August as US Sanctions Hit Read More »
U.S. sanctions are dismantling what remains of Lukoil’s Litasco, once Russia’s biggest oil trader and a rival to top Swiss houses and oil majors, five sources told Reuters.The measures, which also target state-owned Rosneft, took effect on Friday…
Lukoil Trading Arm Falls Apart Under US Sanctions Read More »
Chinese cruise operators are scrambling to avoid Japanese ports as Beijing and Tokyo engage in a diplomatic dispute, which is expected to spur demand for tourism in South Korea, according to sources and cruise schedules reviewed by Reuters.Tour and por…
Chinese Cruise Ships Avoid Japan Amidst Diplomatic Dispute Read More »
Suezmaxes have not yet maxed out earnings, according to US broker
Crude tanker fleet’s ‘middle child’ finds its sweet spot, broker says Read More »
Container capacity surge pressures US rates while European demand holds strong
Divergence of transpacific and Asia-Europe container markets sets trend for 2026 Read More »