Tanker rates jump as Middle East exports rise, war risk grows
The cost of shipping oil has surged to the highest in six years, fuelled by a wave of crude exports…
Nigeria rolls out new crude grade as output rebounds
Nigeria’s state oil firm NNPC will begin exporting a new light, sweet crude grade called Cawthorne from March, an NNPC…
Baltic Dry Index climbs to 2129 up 17 points
Today, Tuesday, February 24 2026, the Baltic Dry Index climbed by 17 points, reaching 2129 points. Baltic Dry Index is…
Record UK sanctions hit 48 tankers and two LNG ships on invasion anniversary
Biggest package since 2022 was announced to mark four years since the war in Ukraine began