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Aljazeera International

Oil tanker hit by armed drone off coast of Oman: Official

November 16, 2022 Mariel Alumit

BREAKINGBREAKING, An oil tanker associated with an Israeli billionaire has been struck by a bomb-carrying drone off the coast of Oman amid heightened tensions with Iran, an official has told The Associated Press. The attack […]

Japan
International News

Japan weighs steps for EU’s ban on insurance for Russia oil shipping

June 7, 2022 Mariel Alumit

Japan will consider measures for the EU’s imposition of its ban on insuring and financing seaborne transport of Russian oil to third countries because it will make it difficult to maintain its imports of Russian […]

tanker - Marcelo del Pozo - Bloomberg
Crude Oil News

Giant Oil Tankers Are Losing Almost $7,000 a Day Amid OPEC Cuts

March 9, 2021 Stu Turley

Times are getting tougher by the day for oil tanker owners. With too many vessels to haul fuel, losses for supertankers on a benchmark Middle East-to-China route deepened to $6,779 a day on Tuesday. That’s […]

Crude Oil News

Oil tanker market in rougher seas as supply surges, storage sinks

January 28, 2021 Stu Turley

A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year. Earnings […]

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