January WTI crude oil (CLF26) on Monday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0340 (+1.99%). Crude oil on Monday rallied on geopolitical risks in Venezuela and ...
China has imposed steep new port fees on U.S.-owned, operated, built, or flagged vessels — mirroring U.S. tariffs on Chinese ships. This new system of levies triggered turmoil in the global tanker ...
LONDON/SINGAPORE, Dec 15 (Reuters) - The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of vessels are hit with Western sanctions, ...