Since Russia invaded Ukraine, many Western oil companies as well as traders, shippers, and bankers have stayed away from Russian oil. But a new report by CNN indicates Russian crude may be seeing a resurgence […]
The Black Sea — a major artery for the movement of commodities at the crossroads of Europe and Asia — is suddenly drawing the world’s attention as the conflict in Ukraine unfolds. Half a dozen […]
ENB Publishers Note: How does this play into Putin’s hands? With a lot of cash. The ESG movement would rather buy from Russia where they do not follow ESG and support a government bent on […]
Getting LNG to gas-starved Europe is so profitable that one tanker carrying the fuel made a U-turn in the Pacific Ocean, crossed the Panama Canal twice and spent nearly $1 million in tolls just to […]
Spot freight rates for liquefied natural gas tankers in the Asia-Pacific have surged to record highs as a steady flow of U.S. cargoes to the region boosts demand for ships. The cost of chartering a […]
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