OPEC

Crude production cuts are inherently bad for tanker shipping, but analysts are downplaying the fallout.

The DOE/EIA benchmark diesel price declined for a ninth consecutive week, but developments in the oil market point higher.

“Brent Blend” sounds like something Loretta Lynn’s forebears might have distilled in West Virginia.

Here’s how omicron variant could impact tanker, container and dry bulk shipping rates.

EIA forecasts global crude oil demand will exceed global supply through the end of the year.

Crude-tanker owners continue to pile up huge losses, but hopes are high for next year.

Stephen Jones of Argus Media is one of the company’s leading analysts. He shares the Argus view of the market at the FreightWaves Fuel Buyers Summit.

An expected increase in output has been put on hold over failure to reach consensus on a dispute involving the UAE.

After a February decision not to increase output, which was unexpected, the group does the unexpected this time again and decides to put more oil on to the market.

Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.

Prices continued to rise into Friday on the news that threw conventional wisdom aside.

Short of a conflict in the Middle East and its adjacent shipping lanes, it is hard to see a spike in tanker spot rates in the near term.

Move holds off a return of almost 2 million barrels per day to the market

The deal runs through 2022 so plenty of time to judge its impact.

Reduction would be record-breaking but isn’t likely to be adequate to stabilize markets.

The three countries to keep an eye on: U.S., Saudi Arabia and Russia.

Oil exporting countries might lose upto 85% of income this year; big 3 automakers partially close plants; Amazon suspends shipment of non-essential items.

As the world reels from coronavirus, crude-tanker owners are raking in massive returns.

Tanker rates are back in the stratosphere as the Saudis move ahead with production push.

Here’s why tanker stocks are rising as the rest of the U.S. stock market is crashing.