Exports and transit of oil through Russia's western ports rose by around 150,000 barrels per day (bpd), or about 9%, in the first two weeks of May versus April, according to data from traders, LSEG and Reuters calculations.Ongoing drone attacks on Russian refineries are forcing Moscow to increase crude exports, although traders warn spare capacity in the Transneft pipeline system is nearing its limit…
Russia's oil pipeline monopoly Transneft will try to redirect oil exports from the Baltic Sea ports, damaged by drone attacks, Interfax news agency reported on Thursday, citing the head of the company.According to Reuters calculations based on market data…
Loading of four key Nigerian crudes in April will hold steady, preliminary loading programmes seen by Reuters showed, while lower demand and high freight rates continued to weigh on Angolan differentialsAmong recent offers was Kissanje at dated Brent minus 85 cents…
U.S. diesel exports to Europe hit an all‑time high in January after the continent strengthened its ban on imports of Russian-derived fuel, and as discounted Russian diesel displaced U.S. fuel in Brazil, data showed and analysts said.The developments show how Western sanctions…
Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilapidated Venezuelan ports…
Russia's Black Sea port of Tuapse resumed oil product exports last week after a two-week suspension following Ukrainian drone attacks, while the local oil refinery has restarted processing crude, according to two industry sources and LSEG data…
Terminal operators in a major oil port in east China's Shandong province are set to introduce measures to ban shadow fleet vessels and curb visits by other old tankers, according to an official notice seen by Reuters and a tanker tracker.The measures…
Russia plans to increase exports from its western ports to nearly two million barrels per day in August, about 200,000 bpd more than a previous estimate, after two refineries cut runs following Ukrainian drone attacks, two industry sources said…
Russia's FSB security service has started handing out clearance for foreign tankers to access the Black Sea ports, allowing for Kazakhstan's oil exports to resume after they were halted for nearly a day, four industry sources said on Thursday…
Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline (TMX), ship tracking data showed.Chartered by Canadian oil producer Suncor Energy…
The Port of Corpus Christi’s customers moved nearly 50 million tons of goods through the Corpus Christi Ship Channel in Q2 2023, setting a record for the fifth consecutive quarter.The 49.7 million tons moved in Q2 was a 7.1% increase from the…
