U.S. Continues To Pressure OPEC

Wednesday, March 22, 2000

Oil resumed its slide on Wednesday as Washington kept up pressure for a big OPEC output rise to prevent a politically-damaging U.S. gasoline shortage.

International benchmark Brent Blend crude oil futures for May delivery shed 21 cents to $25.51, having slumped $1.35 per barrel on Monday and recovered 52 cents on Tuesday.

U.S. light crudes were 23 cents off at $27.58.

advertise here

Maritime Reporter April 2013 Digital Edition

FREE Maritime Reporter Subscription

Latest Maritime News

Coast Guard Cadets Navigate 'Eagle' by Sextant

Unconventional Wisdom from Dolphin Geophysical CEO

IMO MEPC Implements Further Energy Efficiency

Subchapter M Looms Operators and Suppliers Respond

BAE Systems Lays Keel for Jackson Offshore PSV

Maritime Jobs

USCG Licensed Assistant Engineer

Assistant Director of Career Services/Sea-going

Trip Pilot - Warrior & Gulf Navigation, LLC

Deckhand - Warrior & Gulf Navigation LLC

Port Engineer

Offshore

Teekay Offshore Partners Sign FSO Contract

The contract with Statoil is to provide a floating storage and offtake (FSO) unit for the Gina Krog oil & gas field located in North Sea. The contract will be

DryShips Reports 1Q 2013 Financial and Operating Results

DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc.

A Billion to One Shot

TTS Sets its sites on China to Achieve its Financial Goals TTS has set its sights on becoming a billion euro business and is focusing on China as a key growth driver.

Finance

AUV Manufacturing a Growth Industry Says New Report

Strong revenue growth will continue over the next five years as AUV's (Autonomous Underwater Vehicle) are increasingly used in commercial scenarios predicts IBISWorld's market research.

Gulfstream Services Names Broussard Manager

Gulfstream Services, Inc. (GSI), an oilfield rental company providing high pressure equipment for the international oil and gas industry, has named Dale Broussard

DryShips Reports 1Q 2013 Financial and Operating Results

DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc.

Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Winch