Friday 29 March 2024
 
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Bahri adds new VLCC to boost oil fleet strength

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has taken the delivery of ‘Amad’, a very large crude-oil carrier (VLCC), further enhancing its market-leading capabilities in crude oil tran

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Bahri adds new VLCC to boost oil fleet strength

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has taken the delivery of ‘Amad’, a very large crude-oil carrier (VLCC), further enhancing its market-leading capabilities in crude oil tran

More…

US labour market strenth remains 'intact'

The number of Americans filing for unemployment benefits unexpectedly rose last week, but a sharp drop in layoffs in March suggested the labour market momentum remained intact.   Labour market strength, however,

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Crude oil futures slides on dollar strength

Crude oil futures slid further on Friday due to gains in the dollar, sending it rolling towards its longest run of weekly losses since the turn of the year.   The global crude benchmark was already on track for i

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