Tuesday 30 June 2015
 
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tankers

Iran's 40 million barrels stored at sea hangs over oil market

Iran is storing as much as 40 million barrels of oil on supertankers at sea as it prepares for a sales drive if a nuclear deal can be sealed.   Iran and six world powers are seeking to overcome remaining differen

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Iran's 40 million barrels stored at sea hangs over oil market

Iran is storing as much as 40 million barrels of oil on supertankers at sea as it prepares for a sales drive if a nuclear deal can be sealed.   Iran and six world powers are seeking to overcome remaining differen

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Libyan government warplanes attack oil tanker docked at Sirte

Warplanes from Libya's official government attacked an oil tanker docked outside the city of Sirte, wounding three people and setting the ship on fire, officials said.   It was the third confirmed strike by t

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Two tankers to lift 1.3 m barrels of oil from eastern Libyan ports

Two tankers will lift 1.3 million barrels of crude from east Libyan ports Hariga and Zueitina, oil officials said.   The Hariga port was expecting a tanker to lift 700,000 barrels of crude, an oil official said.

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Big oil tanker backlog builds at Basra port after bad weather

A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad weather and possible oil quality issues, shipping industry sources said.

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Three tankers to lift oil at eastern Libyan ports

Three tankers plan to lift 1.7 million barrels of crude from ports in eastern Libya this week, oil officials said on Monday, giving hope to the battered energy sector in the North African country. The OPEC member state's oil s

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Oil storage at sea halves to 25m barrels

Only half the tankers booked to hold crude oil at sea two months ago are still earmarked for storage after a rally in oil prices, but trade and shipping industry sources say the business could revive again quickly if the market turns.

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Oil storage at sea halves to 25m barrels

Only half the tankers booked to hold crude oil at sea two months ago are still earmarked for storage after a rally in oil prices, but trade and shipping industry sources say the business could revive again quickly if the market turns.

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Oil prices extend slide over growing oversupply

Oil prices slid in early Asian trade on Wednesday after touching their lowest in nearly six years the previous session, with analysts predicting further falls as oversupply plagues the market. Oil tumbled 5 per cent to near six-ye

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For tankers with Kurdish crude, end-game still in doubt

After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking good. Seemingly unable to find enough buyers willing to take a risk on million-barrel c

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