30/04/2020 Saudi crude buyers cancel at least seven supertankers after freight hike: sources U.S. buyers of Saudi Arabian crude oil cancelled at least seven April-loading tankers after a jump in freight costs, two | 30/04/2020 Shanghai futures exchange to raise storage fee for fuel oil futures from July 3 The Shanghai Futures Exchange said on Thursday it will adjust the storage fee charged by delivery depots on fuel oil |
30/04/2020 African crude exporter-economies to be hit by oil price plunge, virus Growth in big sub-Saharan economies that export mainly oil will be negative this year as the coronavirus pandemic pummels prices, | 30/04/2020 Saudi Tanker Armada Set To Join Us Congestion And Strain Oil Storage With 43 Million-Barrel Load With the Covid-19 pandemic reducing global oil demand by devastating numbers, oil storages are filling quickly in the US, forcing |
30/04/2020 U.S. could store another ‘several hundred million’ barrels of oil -Mnuchin President Donald Trump on Wednesday said his administration will soon release a plan to help U.S. oil companies, which Treasury | 30/04/2020 Maersk Intrepid to drill for Martin Linge The hybrid jack-up rig Maersk Intrepid has been awarded a contract for the drilling of three wells and plugging of |
30/04/2020 Oil prices could go negative again for reasons beyond just storage It’s not all about storage. Yes, the world is watching the available amount of oil storage to try to figure out | 30/04/2020 ConocoPhillips Reports First-Quarter 2020 Results; Announces Quarterly Dividend and Additional Curtailments ConocoPhillips (NYSE: COP) yesterday reported a first-quarter 2020 loss of $1.7 billion, or ($1.60) per share, compared with first-quarter 2019 |
30/04/2020 Tanker stocks could emerge as COVID-19 relapse hedge Tanker freight rates remain solidly spectacular, tanker stocks decidedly less so. Spot rates for very large crude carriers (VLCCs; tankers that | 30/04/2020 Eco Marine Power Commences Feasibility Study to Install Aquarius MRE on Tanker In another major step towards commercializing its Aquarius Marine Renewable Energy (Aquarius MRE®) solution, Eco Marine Power (EMP) announced today |
30/04/2020 DME Oman crude surges on tighter supply, strong pull from China Oman crude futures traded on the Dubai Mercantile Exchange (DME) pulled ahead of other Middle Eastern benchmarks this month, pushing | 30/04/2020 Transocean Ltd. Reports First Quarter 2020 Results Transocean Ltd. (NYSE: RIG) yesterday reported net loss attributable to controlling interest of $392 million, $0.64 per diluted share, for |
30/04/2020 EXMAR: Stong VLGC Time Charter Market Boosts EXMAR The Executive Committee of EXMAR NV today reports its first quarter results 2020. Cash Flow from operations (EBITDA) as per proportionate | 30/04/2020 TT Club warns of risks arising from the accumulation of cargo The current pandemic has disrupted global supply chains in a wide variety of ways. In particular, the lag in its |