Supertanker Rates Hit Record $1.4 Million a Day as Oil Crisis Becomes Shipping Crisis
Supertanker rates on the Persian Gulf to East Asia route topped $1.4 million per day this week, a record. Ship-to-ship…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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Hurricane Isaias keeps most US Gulf oil output shut as crews begin returning
Hurricane Isaias left most US Gulf of Mexico oil output shut on Saturday, even as Shell and Chevron began sending…
Putin relayed Iran war proposal to Trump, Russian state media reports
Russian state media reported that Vladimir Putin passed Tehran's view on ending the Iran war to Donald Trump. The report…
Trump says Putin agreed to release Russian diesel onto global market
President Donald Trump said Russia will release diesel into the global market under a deal with President Vladimir Putin. Diesel…
US Crude Oil Stocks Fall 3.2 Million Barrels in Week Ending October 2
U.S. commercial crude oil inventories fell by 3.2 million barrels in the week ending October 2, according to the EIA….
