Oil wavers with talks resuming on potentially reviving Iran deal
Andres Guerra Luz and Alex Longley, Bloomberg News Storage tanks located near a dock for Hornbeck Offshore Services, Inc. oil industry support vessels in Port Fourchon, Louisiana, U.S., on Thursday, June 11, 2020. Oil eclipsed $40 a barrel in New York on Friday, extending a slow but relentless rise thatâs been fueled by a pick-up in demand and could signal a reawakening for U.S. shale production. Photographer: Luke Sharrett/Bloomberg , Bloomberg
Oil switched between small gains and losses as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.
Israelin ja palestiinalaisten väkivaltaisuudet asettivat Bidenin vaikeaan asemaan – Ei ole oikea hetki vaisuille lausunnoille - Ulkomaat
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Иранская ядерная программа снова под прицелом Израиля
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Giant Oil Tankers Are Losing Almost $7,000 a Day Amid OPEC Cuts
An oil and chemical tanker sits at the Port of Corpus Christi in Texas on Feb. 19. (Eddie Seal/Bloomberg News)
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Times are getting tougher by the day for oil tanker owners.
With too many vessels to haul fuel, losses for supertankers on a benchmark Middle East-to-China route deepened to $6,779 a day on March 9. That’s the weakest earnings since at least 2017 and effectively means vessel owners would be subsidizing the transport of oil on that route.