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

Maersk Expands Trade and Tariff Platform

Maersk Expands Trade and Tariff Platform

Brazil Port Terminals Call for Dredging Amidst El Niño Threat

Brazil Port Terminals Call for Dredging Amidst El Niño Threat

Transportation Secretary, Port of Corpus Christi to Explore Nuclear Maritime Technologies

Transportation Secretary, Port of Corpus Christi to Explore Nuclear Maritime Technologies

Crowley Adds Container Service Connecting Port Houston and Central America

Crowley Adds Container Service Connecting Port Houston and Central America

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US railroad Union Pacific made money by charging fuel costs for the Iran war to cover its costs.
US railroad Union Pacific made money by charging fuel costs spikes from the Iran war to cover their charges.
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