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Trump broke OPEC. He may regret it: Bousso

Posted to Maritime Reporter on May 5, 2026

OPEC has been weakened more than anyone could have imagined just a few months ago by the military actions of U.S. president Donald Trump in Venezuela and Iran. White House may see this as a big win, but ultimately it could hurt both the U.S. energy markets and the U.S.

Dmitriev, a Russian official, says that he has discussed the global energy crisis with U.S. counterparts

Posted to Maritime Reporter on March 12, 2026

The Russian presidential envoy Kirill Dmitriev stated that he discussed the current energy crises with his U.S. counterparts on Thursday as part of a meeting of the U.S. and Russia working group on economics which took place in Florida. Since the closure of the Strait o f?Hormuz on February 28…

Bousso: The release of historic oil reserves is a temporary bandage on the looming supply crisis.

Posted to Maritime Reporter on March 11, 2026

The International Energy Agency plan to release 400,000,000 barrels of oil reserves to the world is unprecedented and urgently needed to counter the devastating supply shock caused by the Iran War. But it will only offer limited relief so long as energy exports to the Middle East are blocked.

Data shows that the discount for Russia's Urals Crude Oil is at its deepest level since 2023.

Posted to Maritime Reporter on February 20, 2026

Data shows that the world's benchmark Brent crude oil is being sold at the lowest price in three years from the Baltic ports of Russia. Discounts are important, as they result from sanctions that the West imposed against Russia for the "war" in Ukraine.

Bousso

Posted to Maritime Reporter on February 18, 2026

This month, China marks one year since its last import of liquefied gas from the U.S. in the midst of a heated trade war between two world's largest economies. Chinese companies have purchased U.S. LNG from American producers under long-term contracts.

The UK's naval chief has said that the investment of Russia in Northern Fleet is not diminishing.

Posted to Maritime Reporter on February 4, 2026

The British Navy's top naval commander said that despite the conflict in Ukraine lasting a few more years, Russia's investment into its Northern Fleet has not diminished. He added that Western powers were tested by Moscow's "aggressive" posture.

Bousso

Posted to Maritime Reporter on January 29, 2026

The vast European natural gas storage network will exit winter with its lowest level for years. Yet, market prices show a complacency that is at odds with the immense challenge faced by traders in replenishing their inventories. Since the Russian invasion of Ukraine…

German budget committee green-lights TKMS frigates deal, say sources

Posted to Maritime Reporter on January 29, 2026

The German budget committee approved a pre-contract to buy?MEKO A200 class frigates on Wednesday. According to two members of the committee, TKMS will pay?50 millions euros ($59.70million) for these frigates. The budget committee approved an…

Bousso: The offshore wind pact between Europe and the US is a hedge to US gas dependence.

Posted to Maritime Reporter on January 27, 2026

The European Union has agreed to develop a massive offshore wind network. This is a major step forward in the region’s efforts to reduce its dependency on U.S. gas imports while also tackling rising costs for renewable energy. On Monday, at the North Sea Summit…

When the US freezes the global LNG market gets a cold. Bousso

Posted to Maritime Reporter on January 26, 2026

A fear of disruptions in production has led to a surge in the price of natural gas. This spike in prices has been felt on overseas markets and highlights the "growing globalization" of the U.S. dominated liquefied gas trade. U.S. Natural Gas Futures are at their highest level since December 2022…

Sources: German military preparing for at least three frigates to be purchased from TKMS

Posted to Maritime Reporter on January 22, 2026

According to sources familiar with this project, the German military is preparing a purchase of at least three MEKO A200 class frigates from German shipbuilder TKMS. Each of these ships will cost around $1.17 billion. Sources said that a 'preliminary…

Sources: CPC bottlenecks cause oil to be diverted to the local market from the giant Kazakh field

Posted to Maritime Reporter on January 22, 2026

Four industry sources said that oil from Kazakhstan's massive Kashagan field has been diverted to the domestic market, for the first-time due to bottlenecks in the Black Sea terminal which handles the bulk the country's crude imports. After…

Russia jails U.S. citizens for five years because they carried rifles on yacht

Posted to Maritime Reporter on January 20, 2026

The Russian court service reported that a U.S. national was sentenced to five years' imprisonment for 'crossing the border in possession of a weapon, when he left the United States on a ship to meet a Russian woman whom he had met online. In a statement released on Monday…

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

Moscow claims that the US has freed two Russian crewmembers from a seized oil tanker upon its request

Posted to Maritime Reporter on January 9, 2026

The Russian Foreign Ministry announced?on Friday? that the United States had released two Russian crewmembers from an oil tanker flying the Russian flag, which was seized in the Atlantic Ocean on Wednesday. The Russian Transport Ministry announced on Wednesday that it had lost contact after U.S.

Peter Apps: Frenetic military posturing in 2026 sets the tone for a dangerous new era

Posted to Maritime Reporter on January 8, 2026

Stephen Miller, White House deputy chief, reaffirmed his belief that the U.S. will win any battle of diplomatic will and military power, whether it be between Denmark or the Trump administration. He made this clear in an interview with CNN on Monday.

New York Times Business News - January 7, 2019

Posted to Maritime Reporter on January 7, 2026

These are the most popular stories from the business pages of the New York Times. ? These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Donald Trump, the U.S. president, said Venezuela would start sending oil to the U.S.

The differentials remain the same

Posted to Maritime Reporter on January 2, 2026

The differentials between Caspian and Urals crude oil remained unchanged on Friday, in a'mild' market. Russia -and a few of its neighbouring countries - were off for the New Year holiday. There were no bids or offers reported to Platts on Friday for Urals, Azeri BTC - and CPC Blend.

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