Downstream News


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North Sea Oil Sandwiched as US Ships Crude Like Never Before
Tuesday, October 10, 2017 As crude oil gushes out of the US like never before, it looks increasingly like North Sea oil will suffer collateral damage.

North Sea Oil Market Waves Red Flag At Brent Bulls
Wednesday, October 04, 2017 A recovery in US crude exports and falling European refining margins have sent prices of North Sea barrels tumbling.

In Sign Of Oil Rebalancing, North Sea Floating Storage Shrinks
Thursday, September 07, 2017 The volume of global price benchmark North Sea crude being held in floating storage has declined sharply since mid-August, according to shipping data and trade sources.

Oil Tankers Store Most Oil This Year as Glut Won't Die
Monday, June 19, 2017 Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region.