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
Tag: oil prices
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
Thursday 26 July, 2018 Update: Saudi Arabia Suspends Red Sea Oil Shipments
Saudi Arabia announced Wednesday afternoon it is suspending oil shipments through the Red Sea after a Saudi oil tanker was attacked and damaged by Houthi
