Century mark: International Seaways cracks $100 per share
Tanker market’s supercycle has pushed shares to record market capitalisations
Century mark: International Seaways cracks $100 per share Read More »
August 2026
Strong Demand in India Flips Russian Urals to Premium
Russian Urals crude delivered to India has flipped to a premium against the dated Brent benchmark for the first time since May as stronger Asian demand coincides with tighter export availability, three trading sources said.Cargoes of Urals crude…
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Oil Prices Set for Second Weekly Gain as US Threatens Iranian Sanctions
Oil prices were steady on Friday and were on track for a second straight weekly gain after the United States threatened to impose the toughest sanctions in history with no end in sight for disruptions to Middle East oil flows.Brent crude futures rose 2…
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Iran-Linked Oil Tanker Attacked by Somalian Pirates
An oil tanker under U.S. sanctions for allegedly transporting Iranian petroleum products has become the latest victim of resurgent Somali piracy when it was boarded off the coast of Yemen and diverted toward Somalia.The Eritrea-flagged Sibu 1 was seize…
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$10.4B oil project nears offshore installation as key equipment reaches Mexico
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has confirmed the arrival of offshore equipment in Altamira, moving a multibillion-dollar ultra-deepwater oil developme…
$10.4B oil project nears offshore installation as key equipment reaches Mexico Read More »