Denmark Increases Inspections of Shadow Fleet’s “Old and Worthless” Ships
Denmark announced that it will be taking further steps to reduce the dangers from “old and worthless”…
Supertanker Rates Hit Three-Year High on Rising Crude Flows
Rising crude supply from OPEC+ and South America and a marked increase in longer-haul routes have hiked freight…
Is Iraq Looking To Open Another Backdoor For Iran To Export Its Oil?
Iraq has long been the key instrument through which Iran has been able to generate economy-supporting revenue from…
StanChart: Limited Russian Supply Cushion Even if Sanctions Ease
Oil prices have been trading in a narrow range over the past week, with Brent crude sinking to…
Iran’s Crude Builds as Tankers Drift in Limbo
President Trump’s return to the Oval Office saw US authorities sanction Iranian traders, middlemen and infrastructure with fervent…
Iraq Set for Key Oil Cargo Surge in Sign of Increased Output
By Yongchang Chin, Serene Cheong and Anthony Di Paola (Bloomberg) — Iraq will raise shipments of a key…
Uinta Crude Transport Project Wins Fed Approval in Just 16 Days
A crude oil loading facility serving the Uinta Basin received government approval for a massive expansion project just…
OPEC Crude Tanker Loadings Surge 24% as Production Cuts Unwind
OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week…
Will Europe’s $50 Russian Oil Price Cap Plans Thwart the ‘Shadow Fleet’?
The European Union will propose to G7 finance ministers to lower the price cap on Russian crude from…
Explainer-Key points about Russia’s ‘shadow fleet’ of oil tankers
By Jesus Calero, Agnieszka Olenska and Anne Kauranen (Reuters) – Western sanctions imposed on Russia for invading Ukraine…
UK to Slap Sanctions on 100 Russian-Oil Carrying Tankers
The UK government will impose sanctions on as many as 100 tankers that it says are used to…
Russia Struggles to Offload Oil Cargoes Due to U.S. Sanctions
By Editorial Dept – Mar 03, 2025, 9:00 AM CST
U.S. sanctions are causing delays in Russian…