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Wti
Wind Turbine
Maersk and Gustomsc Present Feeder Turbine Installation Concept for European Offshore Market
Maersk Supply Service has entered into a collaboration with GustoMSC to design the next-generation wind turbine installation vessel (WTIV) for the offshore wind…
Offshore Wind Power
Shimizu Corporation Takes Delivery of Mega Jack-up
The Japan Marine United (JMU) shipyard delivered the GustoMSC designed and equipped offshore wind turbine installation vessel (WTIV) to Shimizu Corporation at t…
Wind Turbine
Maersk Makes Grand Entrance Into Offshore Wind Installation Market
The recently announced wind turbine installation vessel (WTIV) for which Singapore’s Sembcorp Marine won a shipbuilding contract is now confirmed to have …
Oil Price
Oil Prices Rise Over 2% On Russian Plan to Cut Output
Doha: Oil prices rose more than 2 percent on Friday as Russia announced plans to reduce oil production next month after the West imposed price caps on the count…
Oil Price
How Biden’s Huge Strategic Oil Release Could Backfire
President Biden’s huge SPR release announcement has pushed WTI prices back below $100.
Oil Price
WTI Crude Dives Below $100 on China Demand Concern
WTI crude dived more than five percent Tuesday to fall back below $100 a barrel as concerns about a possible slowdown in China's economy lead investors to rethi…
Oil Price
Crude Oil Surges on Russia Oil Embargo Risk
WTI is continuing to soar. U.S. Secretary of State Antony Blinken has signaled the Biden administration and its allies are discussing an embargo on Russian oil,…
Crude Oil
Oil Prices Rise On Record U.S. Oil Demand
The price of WTI crude rose nearly 2% on Thursday on EIA reports that U.S. implied petroleum products demand had risen to record heights.
Crude Oil
Oil falls Amid US Inventory Build-up and Mounting Concerns over Delta Variant Surge
Brent and WTI sank 2.8 per cent and 3.4 per cent, respectively, on Wednesday, marking their biggest fall in two weeks
United States
US Oil Prices Soar To 6-Year High In OPEC Standoff
The U.S. benchmark oil price WTI Crude hit its highest level since November 2014 early on Tuesday, after OPEC+ on Monday called off its third attempt to reach a…
Crude Oil
Crude Advances as Opec+ Set to Open Taps at Next Meeting
WTI, which settled just shy of $75 a barrel on Friday, is up by about 53% this year
Oil Price
Oil Falls, Ending Week About 2% Lower on Supply increase, and New Lockdowns
Oil prices settled lower on Friday and fell around 2% last week as production increases and renewed COVID-19 lockdowns in some countries, offset optimism about …
Oil Price
Oil Prices Fall on Strong US Dollar and Supply Concerns
Brent and WTI are on track for gains of about 20% this month
Oil Price
Oil Plunges To $35 As Lockdowns Return
Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel.
Oil Price
Oil Prices Edges up on Weak Dollar, U.S.-China Tensions Weigh
Brent crude LCOc1 was up 26 cents at $43.57 a barrel at 0944 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 was up 29 cents at $41.36.
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