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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…

Logistics News

Iran to Shut "Illegal" Hormuz Routes

Iran to Shut "Illegal" Hormuz Routes

Sunflower Oil Cargoes to India Face Disruptions Amidst Black Sea Tensions

Sunflower Oil Cargoes to India Face Disruptions Amidst Black Sea Tensions

Michelle Awad Elected as New Vice-Chair of the Halifax Port Authority Board of Directors

Michelle Awad Elected as New Vice-Chair of the Halifax Port Authority Board of Directors

LR taps Edris for Middle East Post

LR taps Edris for Middle East Post

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