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Ceyhan Port

Urals steady, Azeri BTC crude edges lower on sluggish market activity

Azerbaijan’s SOCAR offered 650,000 barrels of Azeri BTC oil loading on November 4-8 from Ceyhan at plus $1.95 to dated Brent, but failed to...

Tankers: VLCC Market Showing Mixed Performance

Clean LR2 LR2 freight levels dipped this week in the MEG with reports of low enquiry levels. The TC1 75kt /Japan index dropped from WS118.33 to...

The Kirkuk-Ceyhan pipeline, a new breath in the tanker market

After two and a half years of inactivity, the Kirkuk-Ceyhan oil pipeline was put back into operation after an agreement was reached between the...

Kazakh Oil Flow to the Black Sea Reopens with New Tanker Access

According to a recent report from Reuters, Russia’s FSB security service has begun granting permissions for foreign tankers to access Black Sea ports, which...

Iraq signs agreement with ExxonMobil for Majnoon oilfield development

ExxonMobil has reached a non-binding agreement with the Iraqi Government to assist in the development of the Majnoon oilfield and enhance oil exports. Bloomberg previously...

Narrow the bonds of Turkey-Kazakhstan with a focus on oil

The Managing Director of Turkish Petroleum Corporation (TPAO) announced on Thursday, October 2, that the neighboring country is preparing to sign a new contract...

Tanker Market: The Impact of Kurdish Oil Flows Reentering the Market

After 2.5 years, Kurdish crude has been flowing once again. In its latest weekly report, shipbroker Gibson said that “Saturday saw the resumption of...

Oil flows from Iraqi Kurdistan to Turkey halted due to full storage tanks

Crude oil exports from Iraq’s Kurdistan region to Turkey’s Ceyhan port were halted on Friday because storage tanks had reached capacity, two energy sources...

Gibson tanker report – Kurdish Crude Recommences

Saturday saw the resumption of Kurdish crude flows through the Kirkuk-Ceyhan pipeline after a halt of two-and-a-half years, with initial flows set at 150-160...

Asia Fuel Oil: Markets soften due to pressure from prompt supplies

Asia fuel oil markets softened at the end of the trading week, as ample prompt supply continued to weigh on recovery. Malaysia’s PRefChem continued to...
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