OPEC+ holds steady as supply risks support crude sentiment

Stable quotas meet emerging disruptions, helping steady the market after weak month OPEC+ has confirmed that production targets will remain unchanged through the first quarter of 2026, maintaining just over 3 million barrels per day of cuts. The group cited a stable economic backdrop and generally supportive fundamentals, with inventories still at low levels. A […]

Escalating attacks disrupt Black Sea flows and renew caution in the Red Sea

Strikes on energy infrastructure and uncertainty in key trade lanes keep global shipping risk elevated Security pressures have intensified across major corridors. In the Black Sea, recent drone strikes on tankers and the CPC export system have reduced loading capacity and introduced fresh uncertainty around regional oil flows. With CPC representing a significant share of […]

Elevated tanker markets – firmer gas carriers

Market strength builds across multiple segments as global trade patterns and corporate strategies continue to evolve Tanker: Market remains elevatedThe tanker market remains strong, despite average crude tanker earnings slightly decreasing by 2% week-on-week. VLCC rates remain elevated despite a minor softening. The Aframax segment saw strong performance. Looking ahead, both the Suexmax and Aframax […]