NAIROBI (Reuters) – Some corals have lived on the fringes of Mauritius for centuries. Now for days smothered in heavy fuel oil spilled from a wrecked Japanese tanker nearby, parts of those reefs could be in trouble. The full impact of the toxic spill is still lacking, scientists say. While …
Read More »US seizes Iranian fuel charges for the first time: WSJ
(Reuters) – The US government has seized ships that were all loaded with Iranian fuel in violation of sanctions imposed by the Trump administration, the Wall Street Journal reported on Thursday, citing US amtners. U.S. prosecutors filed a lawsuit last month to seize gasoline on board four tankers Iran is …
Read More »US seizes Iranian fuel charges for the first time: WSJ
(Reuters) – The US government has seized ships that were all loaded with Iranian fuel in violation of sanctions imposed by the Trump administration, the Wall Street Journal reported on Thursday, citing US amtners. U.S. prosecutors filed a lawsuit last month to seize gasoline on board four tankers Iran is …
Read More »Oil prices jump higher on Bullish inventory data
Edge oil prices received another lift today, after the Energy Information Administration reported a record crude oil inventory of 4.5 million barrels for the week to 7 August. At 514.1 million barrels, inventories remain above the five-year average for this time of year, despite several hefty weekly draws, including one …
Read More »About the board raises Send oil prices higher
The American Petroleum Institute (API) on Tuesday reported a mark in crude oil inventories of 4,401 million barrels for the week ending August 7. Analysts had forecast a modest inventory drawing of 2,875-million tons. Last week, the API reported a man-made drawing in crude oil inventories of 8.587 million barrels, …
Read More »