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Reduction of Expand Energy Activities Due to Natural Gas Oversupply
Expand Energy, the largest natural gas producer in the United States, is reducing its activities due to high domestic pr...
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Economy
60-Point Increase in the Baltic Dry Index to 2712
The Baltic Dry Index reached 2712 points on October 29, 2026, with an increase of 60 points. This index reflects the pri...
Oil and Petrochemicals
Baker Hughes Reports Strong Electricity Demand and Positive Outlook for LNG
Baker Hughes, one of the largest oilfield services providers, is rapidly expanding its activities in the LNG and artific...
Oil and Petrochemicals
Oil Price Drop Following JD Vance's Letter to Mohsen Rezaei
The decrease in oil prices occurred following the assessment of the United States' efforts to revive peace negotiations...
Oil and Petrochemicals
Natural Gas Futures Stabilize Around $3
Natural gas futures were fluctuating around $3 on Thursday. Expectations for the mid-morning inventory report have impac...
Oil and Petrochemicals
Decrease in Brent and WTI Crude Oil Prices Amid Hopes for Peace in the Middle East
Brent crude oil prices reached $114.05 and WTI oil reached $101.27. Diplomatic developments have increased hopes for a r...
Economy
Costamare Financial Results Report for the Third Quarter of 2026
Costamare reported a net income of $88 million for the third quarter of 2026 and also secured bilateral financing agreem...
Economy
Baltic Dry Index Rises After Three Days of Decline
The Baltic Dry Index rose by 1.9% to reach 2652 points. Meanwhile, the Capesize Index increased by about 5% to reach 388...
Economy
Maritime transit recovery in the Red Sea to 65% of normal capacity
A new report from Bank of America shows that container transit in the Red Sea has returned to 65% of its normal levels....
Economy
Rise in Rhine River Water Levels and Its Impact on the Fuel Supply Chain
The water level of the Rhine River reached 56 centimeters, but the improvement is likely to be temporary. Transportation...
Oil and Petrochemicals
Saudi National Shipping Company Achieves a Net Profit of 9.98 Billion Riyals in the First 9 Months of 2026
Saudi National Shipping Company (Bahri) reported a net profit of 9.98 billion riyals in its financial report for the fir...
Oil and Petrochemicals
The Status of Marine Fuel Access in Europe and Africa
Access to marine fuels in ports in Europe and Africa has become severely restricted. Buyers need to consider longer lead...