Tag Archives: Shipping

It’s a tantalizing prospect for traders whose success often hinges on microseconds: a desktop PC algorithm that crunches market data faster than today’s most advanced supercomputers.

Saudi Arabia cut crude production to 9.68 million b d from 9.88 million b d in November.

Iraq’s fragile security situation may limit its plans to expand oil-production capacity in the medium-term.

it’s working on a household helper that will have arms that could load dishes. pick up clothes. or bring food from kitchen to table.

Other important products heavily exposed to disruption to shipping in the Strait of Hormuz include monoethylene glycol (MEG). ethylene and methanol.

Saudi Arabia’s energy minister said that OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels.

Oil headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated.

OPEC members pumped 29.50 million barrels per day (bpd) last month.

The vessel will be the first LNG ship to be added to the firm’s fleet of 30 ocean-going tankers.

Russian gas producer Gazprom started shipping about 3 billion cubic metres (bcm) of gas to Bulgaria via TurkStream on January 1.