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Middle East oil exports push tanker costs to 6-year-high amid threat of US-Iran war
24 Feb 2026 10:21 GMT
… .
Middle East crude exports in February exceeded 19 million barrels per day, … before, increased OPEC+ production and healthy crude demand from refineries, particularly from India … she said, referring to crude and fuel oil transported in smaller tankers than …
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Fuel Price Hike Looms as Crude Prices Reach Global High
24 Feb 2026 09:01 GMT
… largest exporters of crude oil. Before the spike, a barrel of crude oil was … of refined petroleum products, meaning any increase in global crude prices … pump prices for super petrol, diesel and kerosene during … a crucial role. Since fuel imports are paid in …
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Russian Diesel Tanker Sails for Cuba as U.S. Order Blocks Oil Imports
24 Feb 2026 12:15 GMT
… confirmed arrival of a refined products cargo at the … policy measures aimed at deterring oil exports to Havana. On January … activity, deterring or delaying fuel deliveries to Cuba.
Recent … this shift. A liquefied petroleum gas carrier that routinely supplies …
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Under the radar, ahead of the curve: How AltaGas diversified energy exports to Asia years ago
24 Feb 2026 11:24 GMT
… , or the increase in Canadian oil exports to China after the expansion … shipped a record share of oil to non-U.S. countries … ’s around 3.8 million barrels a day of demand,” Mr …
The company is building another petroleum gas export terminal to feed the demand …
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Confrontation in Iran could lead to disruption in Middle East oil supplies
24 Feb 2026 11:12 GMT
… 20 million barrels per day (bpd) of crude and refined products – … also halt its own oil exports, depriving Tehran of vital … weeks.
Furthermore, alternative export routes for a portion … members last released oil from their strategic petroleum reserves in …
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Russia’s oil flows despite revenue drop
24 Feb 2026 09:21 GMT
… strict sanctions on Russian fuel, seeking to weaken the … revenues from oil, gas, coal and refined product exports totalled 193 … restrictions could hit Russian fuel exports harder this year.
US … Russia's seaborne crude exports, going far beyond previous …
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UK sanctions Russian oil pipeline giant on fourth anniversary of war
24 Feb 2026 11:50 GMT
… of Russia's crude exports, was specifically targeted to … 227 billion) from oil, gas, coal, and refined product exports in the 12 … oil export volumes; instead, they have pushed Moscow to sell crude … Russia's seaborne crude trade.
On Monday, the …
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West African crude hit by soaring shipping costs
24 Feb 2026 10:37 GMT
… At the same time, exports are being squeezed by … including the return of Venezuelan barrels, and mounting geopolitical risks, … refiners have increasingly opted for shorter-haul Middle Eastern crude … year, according to PVM Oil Associates data.
Meanwhile, daily …
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Nigeria to start exporting new crude grade in March, further boosting output
24 Feb 2026 12:10 GMT
… of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos, Nigeria … state oil firm NNPC will begin exporting a new light, sweet crude grade … output from Africa’s top exporter.
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Hungary to Block EU Sanctions on Russia Over Halted Oil Shipments
24 Feb 2026 11:22 GMT
… Russia until Ukraine resumes crude oil deliveries to the country … to disrupt fuel supplies and push up petrol prices ahead of … part of its strategic crude reserves and securing alternative … country has suspended diesel exports to Ukraine—previously about …