Tag: Crude

Houthi Attacks on Saudi Tankers Constrict Crude Trade

The flow of Middle East energy trade is evolving yet again after attacks on two tankers in the Red...

UAE Raises Crude Output To Over 3.8 Million BPD After OPEC Exit, Highest Since 2020

The United Arab Emirates increased crude oil production sharply in June after leaving OPEC, taking output to near-record levels...

BIMCO: Crude tanker orders hit record 60m DWT in 2026

BIMCO says crude tanker newbuilding contracting has reached a record 60 million deadweight tonnes (DWT) across 234 vessels...