The real-time price of Brent crude oil is at $74.93 per barrel, and the price of WTI crude oil is at $71.26 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

This has been a strong boost to overall oil tanker demand. Freight rates would not have reached the highest levels seen since Q4-2014, especially for crude oil tankers without it. March 2016 would ...

2-Year U.S. Treasury Note Continuous Contract $102.711-0.012-0.01% 5-Year U.S. Treasury Note Continuous Contract $106.445-0.016-0.01% 10-Year U.S. Treasury Note Continuous Contract $109.234 0.000 ...

From there, the crude oil is transported by tanker. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.

2-Year U.S. Treasury Note Continuous Contract $102.691-0.172-0.17% 5-Year U.S. Treasury Note Continuous Contract $106.391-0.344-0.32% 10-Year U.S. Treasury Note Continuous Contract $109.156-0.422 ...

On Friday, ten days before Donald Trump takes over, the outgoing president sanctioned about 160 Russian oil tankers. It means about a tenth of the current crude-carrying fleet is under US measures.

Aframax oil tankers that serviced crude oil exports from Russia’s western ports are now being redirected to the Russian Far East-China route to service the exports of Russia’s ESPO crude ...

Rates for tankers carrying oil also got a boost from increased demand from traders loading Middle Eastern crude grades for Asia. According to the report, Shell had booked two Very Large Crude ...

Later, crude oil prices would drop below zero, an unprecedented calamity representing a gutting of demand. It's one reason learning about the best crude oil stocks is so important. Fortunately ...