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QUIETHORMUZCRUDETRADE FLOW INSIGHT
Oil & Fuel OilIndustry news

‘Quiet’ Hormuz crude flow, lack of products have split oil market: TotalEnergies CEO

Crude oil is “very quietly” moving through the Strait of Hormuz at a premium of about $10/b, but products are not, leading to a “very strange” market dynamic with bearish crude and bullish fuel, TotalEnergies CEO Patrick Pouyanne said Aug. 24, while restating the company’s commitment to the Middle East. Speaking at the ONS oil ...

Helena Marsh

Satellite Images Show Seven Tankers Loading Iraqi Crude at Once

Satellite Images Show Seven Tankers Loading Iraqi Crude at Once

Seven crude carriers were moored at Iraq’s Persian Gulf export facilities on August 24—a sharp increase from recent weeks. The carriers had a combined carrying capacity of roughly 13 million barrels, according to satellite imagery analyzed by Bloomberg. TankerTrackers.com separately said it counted and identified 13 million barrels loading Monday at Iraq’s Al Basrah Oil Terminal. That is a dramatic departure from the past several weeks, when satellite passes typically showed just one or two tankers at Iraq’s offshore export…

Editorial Desk

U.S. Refiners Face New Crude Squeeze as Canada Cuts Oil Sands Output
Oil & Fuel OilIndustry news

U.S. Refiners Face New Crude Squeeze as Canada Cuts Oil Sands Output

U.S. refineries have been running at full speed for months to make up for lost fuel supply from the Middle East. Fuel exports from the United States have been breaking records. This may be about to change, and not because of the war. It is oil sands maintenance season in Canada. In September, Canadian crude oil production may drop by 300,000 barrels daily due to maintenance activities in the oil sands, Rystad Energy said this week, as quoted by Bloomberg. Usually, whenever such a seasonal disruption occurs, it gets offset with crude from storage.…

Editorial Desk

In-Depth Suezmax Study Makes Capex Case For T-Boss® Sterntubeless Shaftline System

In-Depth Suezmax Study Makes Capex Case For T-Boss® Sterntubeless Shaftline System

An in-depth evaluation study based on reference data from a Suezmax crude oil tanker has demonstrated the benefits of using Thordon Bearings’ innovative T-BOSS® shaftline solution instead of a conventional oil lubricated sterntube system. The comprehensive study assessed the CAPEX for a sterntubeless T-BOSS® (Thordon – Blue Ocean Stern Space) system installed on a 274m ...

Editorial Desk

Diesel still ripping higher than the rest of the barrel; here’s why
Oil & Fuel OilIndustry news

Diesel still ripping higher than the rest of the barrel; here’s why

Beyond looking out the windshield and seeing retail diesel prices that once again are rising, here are some key comparisons that a consumer dealing with those higher numbers should know. On February 27, the last day before military action began between Iran on one side and the U.S. and Israel on the other, the price of international crude benchmark Brent settled at $72.48/barrel on the CME commodity exchange. On the same day, ultra low sulfur diesel (ULSD) settled at $2.596/gallon. On Wednesday, Brent settled at $91.62/b. ULSD settled at $4.4523/g. window.googletag = window.googletag || {cmd:

Editorial Desk

OIL100TINYTRADE FLOW INSIGHT

🚢 Oil is up 100% in 2026 but this tiny tanker ETF, called BWET, has surged a staggering 863% ⚓ BWET tracks crude oil shipping rates, which have exploded as the US-Iran war disrupts the Strait of Hormuz Hormaz Fatakia digs in deeper #BWET #TankerETF #

🚢 Oil is up 100% in 2026 but this tiny tanker ETF, called BWET, has surged a staggering 863% ⚓ BWET tracks crude oil shipping rates, which have exploded as the US-Iran war disrupts the Strait of Hormuz Hormaz Fatakia digs in deeper #BWET #TankerETF # LinkedIn

Editorial Desk