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Tankers, LNG & LPG

Stay up to date with the latest in Tankers, LNG & LPG— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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Vitol CEO says Iran war has cost 600-700 million barrels of oil supply

23 Apr, 2026
The ongoing U.S.-Iran conflict has resulted in the loss of 600 to 700 million barrels of oil supply, with the figure expected to reach at least 1 billion barrels by the time the market recovers, according to Russell Hardy, CEO of Vitol, the...
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$100 oil could unlock 2.1 million bpd of additional South American crude supply

23 Apr, 2026
A sustained $100-per-barrel oil price could unlock up to 2.1 million barrels per day (bpd) of additional crude supply across South America by the mid-2030s, according to new analysis by Rystad Energy. The finding comes as the effective clos...
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Oil prices edge lower with U.S.-Iran talks in focus ahead of ceasefire expiry

23 Apr, 2026
Oil prices fell on Tuesday as markets parsed mixed signals on fresh U.S.-Iran talks before the expiry of a temproary ceasefire later this week. , the global benchmark, were last lower by 0.5% at $94.95 a barrel, while U.S. West Texas Interm...
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Oil traders warn demand destruction may double as Iran war deepens

23 Apr, 2026
The world’s top oil traders said demand destruction from the Iran war is set to deepen, with consumption losses potentially doubling to 5 million barrels a day next month, Bloomberg News reported. Gunvor Group said on Tuesday the reduction ...
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UK Natural Gas Prices Extend Rebound

23 Apr, 2026
UK natural gas futures rose above 105 pence per therm, extending their rebound from a seven-week low, as peace talks between the US and Iran talks stalled and the Strait of Hormuz remained closed. Reports indicated that Vice President JD Va...
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How Europe can reduce reliance on imported gas and what it means for business leaders

23 Apr, 2026
The EU has several levers it can pull to reduce its exposure to volatile gas markets if the energy crisis were to intensify. Lowering gas demand is possible, but it comes with significant challenges and sacrifices. For households, further r...
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Trading houses ‘less stressed’ by Middle East crisis due to deeper funding access

23 Apr, 2026
Trading houses were better poised to capitalize on the energy price volatility linked to the war in Iran after years of windfall profits, according to leading industry players and institutional investors, who say markets are quickly adjusti...
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Crude Oil Inventories Drop More Than Expected, Signaling Stronger Demand

23 Apr, 2026
The American Petroleum Institute (API) has released its latest data on U.S. crude oil inventories, revealing a significant decline that exceeded market expectations. The latest figures show a decrease in crude oil stocks by 4.4 million barr...
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