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  2. Oil prices slip on US energy demand forecast - AOL

    www.aol.com/oil-prices-remain-near-four...

    On Tuesday, the U.S. Energy Information Administration said the country's oil demand would remain steady at 20.5 million barrels per day (bpd) in 2025 and 2026, with domestic oil output rising to ...

  3. Oil shipping rates soar as U.S. supertanker sanctions rattle ...

    www.aol.com/news/global-oil-freight-rates-rocket...

    SINGAPORE/LONDON (Reuters) - Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States sanctions on units of ...

  4. Oil tanker rates are at their highest in at least 25 years ...

    www.aol.com/news/oil-tanker-rates-highest-least...

    Fuel tankers earned more than $40,000 a day for the last 14 weeks as a result of strong appetite for fuels and longer trading routes.

  5. Worldscale - Wikipedia

    en.wikipedia.org/wiki/Worldscale

    Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result. The same scale is used today, although it was merged with the American Tanker Rate Schedule (ATRS) in 1969.

  6. Baltic Exchange - Wikipedia

    en.wikipedia.org/wiki/Baltic_Exchange

    The exchange is the source of market-wide information and publishes seven daily indices made up from a suite of wet and dry bench-marked time-charter and voyage routes: Baltic Dry Index (BDI) Baltic Panamax Index (BPI) Baltic Capesize Index (BCI) Baltic Supramax Index (BSI) Baltic Handysize Index (BHSI) Baltic Dirty Tanker Index (BDTI)

  7. Oil Price Information Service - Wikipedia

    en.wikipedia.org/wiki/Oil_Price_Information_Service

    Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.

  8. Crude-Tanker Stocks Plunge As Rates Hit Record Highs - AOL

    www.aol.com/news/crude-tanker-stocks-plunge...

    It is the best of times; it is the worst of times. Just as spot freight rates for supertankers have reached epic new heights, crude-tanker stocks are plummeting.Rates for very large crude carriers ...

  9. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

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