Oil and Petrochemicals
Oil and Energy Industry Excellence Awards Presented to Winners in Houston
The Oil and Energy Industry Excellence Awards for 2026 were held in a grand ceremony in Houston, where 44 awards were pr...
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Oil and Petrochemicals
Increase in WTI Oil Prices Due to Decrease in Crude Oil Inventory in the U.S.
WTI oil prices increased last week due to a decrease of 8.6 million barrels in crude oil inventory in the U.S. This incr...
Oil and Petrochemicals
Brent Crude Oil Price Reaches $105.64
In today's oil trading market, the price of Brent crude oil is $105.64 per barrel. The price of West Texas Intermediate...
Oil and Petrochemicals
Standard Chartered's Forecast on the Impact of Russian Diesel on the Oil Market
Standard Chartered has predicted that oil prices will remain high despite significant fluctuations. This comes as Russia...
Oil and Petrochemicals
Exxon Seeks to Retain Guyana's Gas for Domestic Market
Guyana has become a major player in the oil industry with the discovery of billions of barrels of oil by Exxon. Now, the...
Analysis
Natural gas prices at Henry Hub remain higher than NYMEX
Physical natural gas prices varied by region on Thursday, with increases in the Midwest while experiencing a sharp decli...
Economy
Historic Decline in Piracy Despite Concerns Over Somali Piracy
In the first nine months of 2026, 51 cases of piracy and armed robbery have been reported, the lowest since 1992. Howeve...
Oil and Petrochemicals
Increase in Tanker Rates and Supply of the Maritime Fleet
Tanker rates are on the rise, but the supply of the maritime fleet has also significantly increased. Predictions indicat...
Exclusive Report
Changes in MR Demand and Return to Regional Trade in the Pacific
MR demand in the Pacific has improved due to strong exports from India and East Asia. Meanwhile, demand from the Atlanti...
Economy
Baltic Dry Freight Index Drops to Lowest Level Since June
The Baltic Dry Freight Index reached 2,545 points, indicating a 4.6% decrease for the ninth consecutive day. The downwar...
Economy
Significant Decrease in Maritime Transport Reliability to 27%
The average delay of the maritime fleet has increased to 6 days, and the reliability of transport from Asia to Europe ha...
Technology
BIMCO Introduces New Contracts for Ship Recycling Management and Energy Consumption Reduction
BIMCO has introduced two new contracts to help manage operational and legal challenges in the maritime transport industr...