Oil and Petrochemicals
Increase in VLCC Tanker Rates Following Middle East War
VLCC tanker rates have risen this week due to the conflicts in the Middle East and restrictions on passage through the S...
Oil and Petrochemicals
Oil and Petrochemicals
Emmanuel Macron Calls for Releasing Emergency Oil Reserves in Europe
Emmanuel Macron, the President of France, has invited G7 countries to discuss the release of emergency oil reserves. Thi...
Oil and Petrochemicals
Emmanuel Macron Calls G7 Meeting to Discuss Oil Reserve Release
Emmanuel Macron, the President of France, will hold a G7 meeting in the coming weeks to discuss the release of strategic...
Oil and Petrochemicals
Natural Gas Prices Rise Due to Record September Temperatures
Natural gas futures prices increased during the trading period from September 9 to 16 due to record temperatures this mo...
Oil and Petrochemicals
Disruption in Saudi Arabia's East-West Pipeline Due to Drone Attacks
Drone attacks on Saudi Arabia's East-West pipeline have posed serious challenges to the country's oil exports. This pipe...
Oil and Petrochemicals
U.S. Congress Approves Bill to Impose New Tariffs on Buyers of Russian Oil
The U.S. Congress voted in favor of a bill that gives President Donald Trump the authority to impose new tariffs on coun...
Oil and Petrochemicals
Disruption in Saudi Arabia's East-West Pipeline Affects Global Oil Supply
The temporary closure of Saudi Arabia's East-West pipeline due to a recent attack has created further problems for the g...
Oil and Petrochemicals
Petrobras Signs Eight Exploration Contracts Off the Coast of Ivory Coast
Petrobras has signed eight production sharing contracts for exploratory blocks off the coast of Ivory Coast. This move s...
Oil and Petrochemicals
Saudi Oil Transportation Disrupted Due to Houthi Attacks
With the Houthi group's attack on Saudi oil infrastructure, concerns about oil supply have increased. These attacks have...
Oil and Petrochemicals
Ukraine Attacks Russian Refinery as Moscow Prepares to Extend Diesel Export Ban
Ukraine has attacked one of Russia's key refineries, while Moscow is looking to extend the diesel export ban.
Oil and Petrochemicals
The High Importance of Oil Prices Amid Rising Tensions in Hormuz and Saudi Arabia
Analyses indicate that tensions between the United States and Iran keep oil prices at higher levels. Damage to the East-...
Oil and Petrochemicals
Tank rates rise above one million dollars per day amid oil transport crisis
The daily rental rate for tankers transporting crude oil has exceeded one million dollars. This increase is due to a dec...