Iran sends out ghost tankers as US oil sanctions loom
September 22, 2018
A supertanker called Happiness is carrying 2m barrels of trouble for Iran. The crude vessel filled up at a terminal operated by Iran’s national oil company on Kharg Island at the start of this month, before setting off on a journey for A...
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India’s Troubled Rupee Pushes Gas Prices to a Record High
September 17, 2018
India’s growth monikers -- the world’s fastest-growing major economy and the fastest-growing oil user -- might make for good headlines, but when juxtaposed with the less-flattering description of its currency they pose a problem for Prim...
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Crude oil prices up as analysts warn of $100 per barrel potential
September 11, 2018
Brent crude oil prices could top $100 a barrel as markets react to U.S. sanctions on Iran this November, an energy expert said.
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Crude Spikes on Hurricane Florence
September 11, 2018
Pundits who forecast that only a geopolitical event would boost crude prices in an otherwise flat market didn't reckon on the might of a meteorological event such as Hurricane Florence: the so-called monster storm, which is expected to c...
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Oil prices climb as U.S. energy firms cut rigs, Iran sanctions loom
September 10, 2018
Oil prices rose on Monday as the number of U.S. rigs drilling for new production was cut last week and as the market is expected to tighten once U.S. sanctions against Iran’s crude exports kick in from November.
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Indian opposition calls nationwide protests to take on Modi over fuel prices
September 06, 2018
Oil prices rose on Monday as the number of U.S. rigs drilling for new production was cut last week and as the market is expected to tighten once U.S. sanctions against Iran’s crude exports kick in from November.
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Asia's strong jet fuel margins at risk from high cost to airlines
September 05, 2018
Asian airlines may have to raise airfares to mitigate costs from high jet fuel prices, analysts said, a move that would likely cap booming growth in aviation demand and slash jet fuel margins that are seasonally at their strongest in fiv...
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Analysts: Iran May Use Secret Oil Shipments To Skirt U.S. Sanctions
September 03, 2018
Iran may resort to various ways of reducing the impact of the U.S. sanctions on its oil exports, and those tactics include secret oil shipments without trackers on tankers, bartered trades, discounts, and extended credit periods on oil s...
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U.S. Throttles Iran Oil Flows to Buyers Who Vowed Resistance
September 03, 2018
The world’s top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not.
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1 in 4 Vessels on Order Have Scrubbers
August 30, 2018
Following a significant uptick in interest in marine scrubbers, 25% of vessels on order are now set to be equipped with the technology, according to the latest data from Clarkson Research.
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