Oil Price News

 

Oil Rises to 11-month High

Jan 12, 2021

Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia's plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand.Brent crude settled up 92 cents, or 1.7%, at $56.58 a barrel by after touching its highest level since last February at $56.75. U.S. West Texas Intermediate (WTI) gained 96 cents, or 1.8%, to $53.28.Saudi…

Logistics News

US Gulf Coast-bound Fuel Oil Cargoes Hit Five-year Low

US Gulf Coast-bound Fuel Oil Cargoes Hit Five-year Low

Ukraine's Maritime Food Exports Fall in August

Ukraine's Maritime Food Exports Fall in August

Oil Loadings at Russia's Western Ports on the Rise

Oil Loadings at Russia's Western Ports on the Rise

US LNG Export Dominance Tested as Europe's Demand Wilts

US LNG Export Dominance Tested as Europe's Demand Wilts

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