News and articles
US Treasury to Allow Purchase of Sanctioned Tankers to Return Them to Commercial Operation
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has introduced a mechanism for issuing special individual licenses that allow blocked vessels to be bought out. The new…
Global Oil Prices Climb Again Amid Middle East Tensions and Shrinking US Stockpiles
France on Fire: Social Upheaval or Engineered Destabilization?
Who bought the world's crude in 2024
China, the USA and India took more than half of the crude that importing countries reported to the UN. Russia was the third-largest supplier, and nine-tenths of its crude went to two buyers.
Five Russian crude grades and where they load
Urals, Siberian Light, ESPO Blend, Sokol and Sakhalin Blend differ in weight, sulphur and coast. Here is what we know about each, and where our starting prices come from.
How we price a delivered cargo
Cargo, freight, carbon, canals, port calls and our margin, line by line, for 700,000 barrels of Urals from Primorsk to Rotterdam.
Hormuz, the Red Sea and Suez in 2026: what a passage adds
Between the Persian Gulf and Europe lie three chokepoints, and this year each of them limits ships, adds days or adds risk. Here is how our quotes handle them.
Why diesel and jet fuel need a clean tanker
Crude and refined products rarely share a ship. What makes a tanker clean, why jet fuel is the strictest cargo on the water, and which ship sizes we use for products.