Euro zone bond yields fell for a second straight day on Tuesday, hitting their lowest in almost two weeks after Iran raised the prospect of reopening the Strait of Hormuz and Washington hinted it could restart talks with Tehran, pushing oil prices lowe…
Euro Zone Bond Yields Drop as Iran Considers Reopening Hormuz Read More »
Saudi Arabia on Tuesday denied an Iraqi claim that it had bought 25 oil tankers, saying the information was inaccurate, after Iraq linked the alleged purchases to a sharp increase in the cost of shipping its crude.Iraqi Oil Minister Basim Mohammed…
Saudi Arabia Denies Iraqi Claim of Buying 25 Oil Tankers Read More »
Global oil trading firms Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates shrink their margins, five sources familiar with the matter said.The two merchant houses have been among the biggest…
Trading Firms Push for Discounted Venezuelan Oil Amidst High Shipping Costs Read More »
MISC Berhad unit has 13 dynamic-positioning shuttle tankers in Brazilian waters
AET sees shuttle tanker opportunity in Brazil’s FPSO growth plans Read More »
Miner has sold off more than half its owned fleet this year
Rio Tinto Shipping fleet sell-off rolls on with double bulker sale Read More »