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2021 June 3   09:39

Oil prices rise driven by decrease of hydrocarbon reserves

Oil prices rose by 0.55%-0.6%

As of June 3 (08:03, Moscow time), Brent Crude futures for August delivery rose by 0.55% to $71.74 a barrel.

Light Sweet Crude (WTI) futures for July delivery on the New York Mercantile Exchange rose by 0.6% to $69.24 a barrel.

Oil prices are rising driven by information about reduction of hydrocarbon reserves in the USA.

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To the newsfeed

News 2025 February 5

17:04

ONE and LX Pantos launch joint venture for US intermodal services

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PALFINGER to equip fourth Royal Caribbean's Icon Class Ship with lifesaving appliances

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DOF Group announces two subsea contract awards in APAC region

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Corvus Energy to supply battery system for world's first fully electric offshore vessel

14:34

Fincantieri finalizes order for four cruise ships from Norwegian Cruise Line

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Maersk opens Rotterdam cold store, receives first shipment

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Singapore launches largest electric supply boat

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MOL and Be Forward sign first book and claim contract for used car transport

12:32

Mitsubishi Shipbuilding and Nippon Gas Line secure AiP for low-pressure coastal LCO2 carrier

12:11

ONE adds Muuga to BBX Service

11:40

Oil tanker CHRYSALIS resumes Suez Canal transit after Red Sea incident

11:20

Lloyd's Register launches class notation for fin stabilizers

10:40

ICTSI deploys hybrid RTGs at Manila Terminal, cuts emissions by up to 70%

10:09

Capital Ship Management takes delivery of M/T 'Aisopos' & M/T ‘Aiolos’

09:40

Lloyd's Register joins EU-funded LOWNOISER project to combat underwater noise pollution

2025 February 4

18:00

Viking Line's Viking XPRS resumes service after a three-week refurbishment

17:36

CMA CGM expands Mediterranean network with three new services

17:02

AD Ports Group and Al Ain Mills partner for major grain facility at Khalifa Port

16:43

GTT wins tank design contract for new LNG carrier from Samsung Heavy Industries

16:23

Sofregaz wins project management consultancy contract for Jordan's Sheikh Sabah LNG Terminal

15:53

Japan considers supporting $44 bln Alaska LNG pipeline to ease trade tensions with U.S.: Reuters

15:23

Bureau Veritas grants AiP for University of Queensland's "SeaFisher" offshore fish pen

14:53

WinGD's on-engine NOx reduction solution receives type approval

14:10

ReCAAP ISC issues alert following rise in armed robberies in Southeast Asia

13:22

Ascenz Marorka partners with Piraeus Marine Services to strengthen Greek market presence

13:02

Hapag-Lloyd concludes green financing of its 24 new container ships

12:41

Brazilian consortium to pilot HVO as marine fuel

12:11

Svitzer shifts to biofuel for tug operations in the Danish port of Esbjerg

11:41

LNG dominates January alternative-fuelled vessel orders: DNV

11:12

WALLENIUS SOL acquires British liner shipping and logistics provider Mann Lines