News

About half of all U.S. exports of ethane, which is extracted from U.S. shale gas and primarily used as a petrochemical feedstock, head to China, and a halt in shipments was set to hurt U.S. producers ...
A tanker ship anchored off the coast of the United Kingdom in the North Sea was struck by a ... The Stena Immaculuate was carrying 220,000 barrels of jet fuel in 16 cargo tanks at the time ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...
Granted, the ship isn't literally loaded with barrels of oil, that's merely the measurement the world has been using since the 19th century. The vessel's massive cargo tanks carry its oil.
U.S. sanctions have barely put a dent on China’s massive purchases of discounted Iranian oil, thanks to a shadow supply chain ...
An explosion rocked an oil tanker carrying around a million barrels of crude off the coast of Libya, paralyzing the ship but ...
Discounts for flagship Iranian Light crude have narrowed to 50 cents per barrel against ICE Brent, a multi-year peak, versus discounts of $2.50 per barrel about two months ago, on a delivered ex ...
Crude inventories fell by 1.6 million barrels to 417.5 million barrels in the week ending Sept. 13, the EIA said, compared with analysts' expectations in a Reuters poll for a 500,000-barrel draw.
The final oil purchase is set to be delivered between April 1 and May 31. The average price, according to DOE, was $74.75 per barrel. U.S. Energy Secretary Jennifer Granholm said in a statement ...
An Abandoned Merchant Ship Was Discovered Floating in the Atlantic in 1872. ... In fall 1872, the Mary Celeste was loaded with a cargo of 1,701 barrels of industrial alcohol bound for Genoa, Italy.