Tankes News

 

Oil Gains More Than $3/bbl After Suez Canal Ship Grounding

Mar 24, 2021

Oil prices jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, and worries that the incident could tie up crude shipments gave prices a boost after a slide over the last week.The crude benchmarks, U.S. crude and London-based Brent, added to gains after U.S. inventory figures showed a further rebound in refining activity, suggesting U.S. refiners are mostly recovered from the cold snap that slammed Texas in February…

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DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

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Syria Signs New 30-Year Deal with CMA CGM

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