Category : Search result: oil shipments


US seizes oil tanker Olina in Caribbean

The United States has seized the oil tanker Olina in the Caribbean, marking the fifth such action in recent weeks as Washington intensifies its crackdown on Venezuelan oil shipments. Read the full details.

Air Cargo Demand Up 5.5% in November 2025

Global air cargo demand surged 5.5% year-on-year in November 2025, driven by year-end holiday shipments and e-commerce. IATA reports strong growth in key markets. Read the full analysis.

Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude

An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.

Venezuela, Iran Actions May Worsen 2026 Oil Glut

Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.

IEA: Low Crude Oil Prices to Continue Till 2026

The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.

India Secures Soy Oil Ahead of Palm Price Surge

Indian buyers secure massive South American soybean oil volumes for 2026, anticipating palm oil shortages from Indonesia's biodiesel push and weaker sunflower harvests. Get the full analysis.

OPEC+ to Keep Oil Output Unchanged for Q1 2026

OPEC+ is likely to maintain current oil production levels for early 2026, sources say, as the group navigates market pressures and a potential supply glut. Read the full analysis.

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