- Coal carrier queue eases off northern China
- ADES scores new jackup contract in Egypt
- Russia Keeps Crude at Home to Tackle Domestic Fuel Price Surge
- U.S. Tries to Seize Oil Shipment It Says Came From Iran
- Disappointment for Lundin in Barents Sea
- DP World inks 20-year concession for Luanda terminal
- Indonesia Escorts Seized Tankers to Dock for Investigation
- Costa Smeralda Loses Lifeboat in Docking Mishap
- Storm-hit Maersk Essen reroutes to Mexico
- 1 seafarer killed, 15 kidnapped from MV Mozart
- 750 boxes fall off Maersk ship during another Pacific storm
- Container ship attacked, boarded, Gulf of Guinea
- 37% of all boxes are rolled over
- Biden steers U.S. back towards Paris Agreement on his first day
- NEO Energy in talks to buy ExxonMobil’s North Sea assets
China as key to crude trend
With near-term demand unknown, crude prices last week took their cue from stock markets, rising or falling with them.
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Opinion: Was 2020 Really So Bad for Oil?f ever a year needed a shot of glass-half-full attitude, it’s 2020. I got it recently from an oil executive. Conversation turned inevitably to the pandemic and 10 million barrels a day of oil consumption — one in ten — going *poof*.
U.S. Blacklists More Companies Over Iranian Petrochemical Exports“The United States will act against persons who support illicit actors engaged in the movement of Iranian petroleum and petrochemical sales,” Treasury Secretary Steven Mnuchin said in the statement.
UAE announces discovery of new oil reservesAn estimated 22 billion barrels of non-conventional and recoverable crude was recently discovered in Abu Dhabi, the capital of the United Arab Emirates (UAE).
India kicks off 1000 LNG stations developmentIndia’s minister of petroleum and natural gas and steel, Dharmendra Pradhan laid the foundation stone for 50 LNG fueling stations.
Venezuela Oil Exports Fall to New Lows as Clients Wind DownVenezuela’s oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run PDVSA’s long-term clients paused trade to meet a U.S. deadline to halt business with the firm, according to data seen by Reuters on Monday.
- Philippine Coast Guard Takes Possession Of “Gabriela Silang”
- Carnival Cruise Line Names Newest Vista-Class Ship
- Simorgh drone joining Iran’s Navy