Suez Canal officials claim that low visibility caused by a sandstorm and 40 knot wind are to blame for a massive container ship running aground
Tag: oil prices
Global Markets Crater on Coronavirus Worries, and Oil Chaos
Global markets took one on the chin today, both literally and figuratively. A combination of coronavirus panic, and the unexpected oil price deadlock between Russia
Iranian Tanker Damaged in the Red Sea
Iran’s national oil company has claimed that one of itsoil tankers in the Red Sea has suffered an explosion, and damage. Initially, Iran claimed the
Two Oil Tankers Attacked In the Gulf of Oman
Two oil tankers were damaged this morning in the Gulf of Oman, victims of suspected attacks, although it is yet unclear who the initiator might’ve
Crude Politics
Saudi Arabia and the United Arab Emirates are spearheading an OPEC effort to extend oil cooperation with Russia for at least three years and perhaps
