INSUBCONTINENT EXCLUSIVE:
it could take weeks to dislodge a giant container ship blocking the Suez Canal, which would squeeze supplies of crude and refined products
Prices, however, were still headed for a third consecutive weekly loss, with the outlook for demand dented by fresh coronavirus lockdowns in
Egypt's Suez Canal Authority said on Friday operations to free the stranded container ship would resume after completing dredging
barrels per day (bpd) of total seaborne crude in 2020, 1.74 million bpd went through the Suez Canal, according to data intelligence firm
Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were
diverted.The oil markets were also lifted by worries over escalating geopolitical risk in the Middle East
Yemen's Houthi forces on Friday said they launched attacks on facilities owned by Saudi Aramco
Expectations that the Organization of the Petroleum Exporting Countries and its allies will likely maintain their lower production also
Acting a week ahead of the OPEC+ meeting, Abu Dhabi National Oil Company (ADNOC) has deepened crude oil supply cuts to Asian customers in