Articles tagged with #oil
Latest articles tagged with #oil, sorted from newest to oldest.
Uk Can Legally Stop Shadow Fleet Tankers, Ministers Believe
Ministers in the UK government have expressed confidence in their ability to block shadow fleet tankers from transporting oil to the country. These tankers, which are often registered in countries with lax maritime laws, have been transporting oil from Russia since the invasion of Ukraine. The UK's ...
Trump News at a Glance: President Pitches Oil Companies on Major Extractions in Venezuela
The announcement was made during a meeting with representatives from several major oil companies, including ExxonMobil and Chevron. According to sources, Trump emphasized the potential for significant profits in Venezuela's oil industry, which has been largely stagnant in recent years. The U.S. pres...
Dense, Sticky and Heavy: Why Venezuelan Crude Oil Appeals to Us Refineries
The global oil market has witnessed a significant development in recent months, with Venezuelan crude oil emerging as a sought-after commodity among US refineries. The oil, renowned for its dense and heavy properties, has been gaining traction due to its unique characteristics and favorable pricing....
Oil Tanker Pursued by Us Now Has a Russian Flag Painted on Its Side
The US Coast Guard has been tracking the oil tanker, called the Lana, for several days, suspecting it may be carrying a cargo of Russian oil in breach of international sanctions. The vessel, registered in the Marshall Islands, has been navigating through the Caribbean Sea, but its intended destinati...
Exclusive: Us Seizes Vessel Off Venezuelan Coast, Officials Say
The United States has taken a bold step in its efforts to counter the oil smuggling operations of Venezuela, a country that has been embroiled in a severe economic crisis. According to officials, a vessel has been seized off the coast of Venezuela, marking a significant escalation in the US's effort...
Us Seizes Sanctioned Oil Tanker Off Coast of Venezuela, Trump Says
The US has taken a significant step in its ongoing efforts to pressure the Venezuelan government, seizing a sanctioned oil tanker that was spotted off the coast of Caracas. According to reports, the tanker, which is believed to be carrying a cargo of crude oil worth millions of dollars, was intercep...
U.s. Crude Oil Stable After Trading Resumes
The U.S. crude oil market witnessed a relatively calm session as trading resumed after a brief halt, with prices stabilizing amidst a backdrop of global economic uncertainty and rising tensions in key oil-producing regions. Market Volatility Persists Amid Economic Concerns The recent pause in tradin...