Ships under construction and vessels on the water add up to record asset values, says Clarksons Research chief ...
Here are some things to look out for in the tanker market in 2025. Over the years, VLCCs have tended to set the tone for the tanker market; when they went up, they would drag the rest of the market up ...
From there, the crude oil is transported by tanker. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.
The real-time price of Brent crude oil is at $75.74 per barrel, and the price of WTI crude oil is at $72.73 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...