Brent crude futures are set to end the year up 14% at a record high annual average following U.S. positive data indicating a recovery in its economy and Iran’s threats to halt the Strait of Hormuz, which is a vital route for the circulation of tankers.
read more... 30/12/2011
The Italian oil tanker, Savina Caylin was captured by pirates in the Indian Ocean on Tuesday with a crew of five Italians and 17 Indians on board.
read more... 09/02/2011
Three liquefied natural gas tankers are expected to deliver to the UK's Isle of Grain terminal before the end of October.
read more... 27/10/2010
The French port of Fos-Lavera near the Mediterranean port of Marseille remains blocked, as more tankers with crude and oil products wait.
read more... 06/10/2010
Gas prices for August fell by 25%, since an increase to 51 pence per therm on supply shortages was registered last week.
read more... 23/07/2010