Posted to Maritime Reporter
on
February 4, 2026
According to traders and shipping data, oil refiners in the U.S. Gulf Coast struggle to absorb the rapid increase of Venezuelan crude since last month's $2 billion deal between Caracas & Washington. This has pushed up prices and left some volumes unsold.
Posted to Maritime Reporter
on
January 26, 2026
Two sources reported that Russian crude oil cargoes dated February Urals traded in Indian ports at discounts close to the largest since 2022 compared with dated Brent, amid increased pressure from Western sanctions. The two sources claimed thatā¦
Posted to Maritime Reporter
on
January 12, 2026
The 'Ports and Airports Ministry' announced on Monday that Brazil has set a'minimum concession fee' of '500 million reais (92.96 million dollars) for the massive Tecon 10-container terminal auction at the port of 'Santos', which is expected to happen in the second half of March.
Posted to Maritime Reporter
on
September 18, 2025
Geopolitics is causing oil markets to become more blind, making it difficult to accurately determine the supply-demand balance on the largest and most important commodity exchange in the world. This is a recipe for instability. There is littleā¦
Posted to Maritime Reporter
on
January 3, 2025
Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.
