• 2022 November 16 12:34

  Oil prices up after incident involving vessel off Oman coast - Reuters

  

  Oil prices rose on Wednesday, erasing earlier losses, after an incident involving a commercial vessel off the coast of Oman, but rising COVID-19 cases in China capped gains, according to Reuters. 

  Brent crude futures gained 65 cents, or 0.7%, to $94.51 a barrel by 0854 GMT, and U.S. West Texas Intermediate (WTI) crude futures rose 35 cents, or 0.4%, to $87.27 a barrel. Both benchmarks fell more than $1 earlier in the session. 

  The United States Navy's Fifth Fleet said it aware of an incident on Wednesday in the Gulf of Oman involving a commercial vessel, Commander Timothy Hawkins told Reuters.

  The Associated Press had reported that a Liberian-flagged oil tanker operated by the Singapore-based Eastern Pacific Shipping was struck in an exploding drone attack off the Gulf of Oman.  Oil prices settled higher on Tuesday after oil supply to parts of Europe via a section of the Druzhba pipeline was temporarily suspended, according to oil pipeline operators in Hungary and Slovakia.

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2024 November 3

15:57	Babcock completes deep maintenance of Lambeth River Station
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12:51	Rolls-Royce develops new mtu energy and automation solutions for future submarines
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2024 November 2

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2024 November 1

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17:38	Austal Australia delivers 8th Evolved Cape-class Patrol Boat to Royal Australian Navy
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2024 October 30

18:00	East Java Multipurpose Terminal partners with Sinarmas LDA Usaha Pelabuhan
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