Delta Tankers scores record Black Sea fixture as ‘sky-high’ suezmax rates bounce past VLCCs
Many shipowners have exited the Black Sea market after attacks by Ukraine
August 2026
Four International Seaways newbuildings en route to refreshing Panamax International venture
Rates guidance shows fleet numbers retreating from record levels in current quarter
‘Next leg of support’: China set to provide fresh boost to hot tanker market
China has been pulling from its oil stockpiles since the US-Iran war began
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Oil Prices Rise 3% as Iran Demands US Cooperation
Oil prices jumped 3% on Monday after Iran said the U.S. must lift sanctions on Tehran, pay reparations and meet a number of other conditions before the Strait of Hormuz is reopened.Brent crude futures were up $2.48, or 3%, at $86.03 a barrel by 10:44 a…
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OPEC Oil Output Rises in July as Gulf States Restore Operations
OPEC oil output rose further in July, a Reuters survey found, as Gulf members restored supplies that were shut due to the Iran war and effective closure of the Strait of Hormuz.Output by the 11-member Organization of the Petroleum Exporting…
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