Tag: oil tankers

• Friday, May 31st 2019 - 09:24 UTC

  Pompeo blames Iran for attacks on oil tankers: “they want to raise the price of crude”

  

  US Secretary of State Mike Pompeo on Thursday blamed Iran for attacks this month on oil tankers in the Gulf, saying it was an effort by Tehran to raise the global price of oil.

• Friday, November 13th 2015 - 10:56 UTC

  WTI oil falls below US$ 42; millions of barrels held in ships at sea

  

  Oil prices were testing fresh lows on Thursday, with a report that 100 million barrels of crude and heavy oil products are being held in ships at sea. West Texas Intermediate oil, the main North American contract, fell below $42 US a barrel, amid predictions that it would fall to the $20-30 level next year.