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Oil Tanker Rates Soar for Key Routes on Russian Invasion - Vimarsana News

Oil Tanker Rates Soar for Key Routes on Russian Invasion

By Bloomberg News (Bloomberg) — The escalating crisis over Ukraine has catapulted the cost of shipping oil by sea.  Freight rates for hauling crude from Russia are surging as sanctions imposed...

Shell may restart hurricane-hit Gulf platforms ahead of schedule - Vimarsana News

Shell may restart hurricane-hit Gulf platforms ahead of schedule

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Oil Prices Drop Amid Broader Selloff - Vimarsana News

Oil Prices Drop Amid Broader Selloff

by Bloomberg |Tuesday, April 20, 2021 Oil slumped the most in two weeks. (Bloomberg) -- Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the world’s top oil importers highlighted the uneven road to recovery. West Texas Intermediate fell 1.5% to the lowest in a week as S&P 500 Index headed for its first back-to-back decline since late March. The rampant virus spread in countries such as India is casting a shadow on optimism over the global economic rebound. Annual crude imports in the Asian country fell for the first fiscal year since the lat...

Oil Edges Higher Toward $64 on Weaker Dollar, Demand Optimism - Vimarsana News

Oil Edges Higher Toward $64 on Weaker Dollar, Demand Optimism

Apr 21 2021, 10:54 AM April 20 2021, 5:53 AM April 21 2021, 10:54 AM (Bloomberg) -- Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the world’s top oil importers highlighted the uneven road to recovery. (Bloomberg) -- Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the world’s top oil importers highlighted the uneven road to recovery. West Texas Intermediate fell 1.5% to the lowest in a week as the S&P 500 Index posted its first back-to-back decline since late March. The rampant virus...

Oil Prices Fall as Greenback Bulks Up - Vimarsana News

Oil Prices Fall as Greenback Bulks Up

Oil fell the most in a week as the U.S. dollar strengthened.