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Goldman Sachs' trading desk attributes the recent plunge in oil prices to a combination of weaker physical markets, decreased Middle East risk premium, and other market dynamics.
The number of oil rigs rose by 6 to 500—the highest one-week increase in 9 months
The U.S. has imposed sanctions on three U.A.E.-based maritime companies and three vessels for transporting Russian oil above the imposed $60 price cap.
Financier Pelagic Partners has stepped into the offshore sector with a 2+2+2 order of Commissioning Service Operation Vessels (CSOV).
TOKYO-Hokutaku Co., Ltd. and Mitsui O.S.K. Lines, Ltd. today announced that,the companies established the Hokutaku MOL Wind Energy Investment Limited Partnership with the objective of investing in... | March 7, 2022