Chinese oil giant Sinopec finds ‘unusual’ data at subsidiary Unipec  Financial TimesChinese oil company Sinopec has detected “unusual financial data” in the hedging business of its trading subsidiary Unipec, it said on Friday as market ... Read m …

Oil Tanker Firms Scrap Most Ships In Three Decades | OilPrice.com  OilPrice.comCrude tanker companies around the world have scrapped a surprising number of tankers in 2018, scrambling to rebalance the industry. Read more https://oilprice.com/Ene …

Chinese engineering firm wins Saudi shipyard construction contract  Logistics Middle EastThe work assigned to PowerChina will cover an area of 4.5 km by 2.5 km and will be intended for the building of very large crude carriers (VLCCs), offshore . …

Foresight Group plans to buyVLCCs, LNG carriers  BusinessLineRavi K Mehrotra's shipping-to-retail Foresight Group plans on shipping liquified natural gas (LNG) to the Indian subcontinent in the long-term, while acquiring ... Read more https://www …

Wall Street JournalSailors Flee Burning Oil Tanker Off OmanWall Street JournalAt least four seafarers jumped at sea to escape a raging fire Tuesday at a very large crude carrier off the coast of Muscat, operated by state owned Shipping Corp. of India Ltd. …

Wall Street JournalSailors Flee Burning Oil Tanker Off Oman - WSJWall Street JournalSearch and rescue efforts are underway after the India-flagged crude carrier caught fire in the Gulf of Oman.and more » Read more http://news.google.com/news/url …

BBC NewsChurch of England threatens oil firm crackdownBBC NewsThe Church of England will sell its shares in oil and gas firms which fail to do enough to tackle climate change. It will pull its investment out of firms not on track to meet the Paris Agreemen …

How Bad Is Iran's Oil Situation?OilPrice.comThe U.S. government has continued its attempts to shut down Iran's oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an outcome is highly unlik …

Mexico Likely To Keep Making The World's Biggest Oil HedgeOilPrice.comThe Mexican oil hedge, or the Hacienda Hedge, is considered the biggest hedging bet on Wall Street as well as perhaps the most secretive. It has earned Mexico—and a few large investm …

Crude Oil: Fundamentals Bullish But One Reason To WorrySeeking AlphaWhen we last looked at crude oil we concluded that the "smart-money" was completely clueless on the direction of the commodity. We believed then that the price was due for a pull …