As of November 3, 2025, the global oil market is exhibiting a pronounced contango, a market structure where the futures price of crude oil is higher than its immediate (spot) price. This phenomenon, which has been steadily emerging and solidifying, signals a current oversupply of crude and a weaker near-term
The global oil market continues to grapple with the specter of oversupply, a sentiment reinforced by Rystad Energy's latest assessments. Despite the OPEC+ alliance's recent decision to pause output increases for the first quarter of 2026, experts like those at Rystad suggest that the underlying conditions for an oil glut
As of October 2025, the global oil shipping and tanker market is experiencing a period of extraordinary dynamism, marked by surging freight rates, record volumes of oil in transit, and a complex web of geopolitical tensions. This robust environment is creating significant opportunities for tanker operators, reminiscent of past market
PIRAEUS, GREECE – October 2, 2025 – TEN Ltd. (NYSE: TNP), a leading diversified crude oil, product, and liquefied natural gas (LNG) tanker operator, today announced the declaration of its regular quarterly cash dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares. This consistent payout, marking the 29th consecutive dividend for
India's diesel exports to Europe have seen a significant uptick in recent months, reaching elevated levels in August and September 2025. This surge is primarily driven by a complex interplay of traditional arbitrage opportunities and a strategic rush by European buyers to secure supplies ahead of impending European Union (EU)
Frontline plc (NYSE: FRO) reported Q2 2025 profit of $77.5 million, down 59% from last year but up from Q1. Revenue was $480.1 million, beating estimates.
Frontline Plc (NYSE: FRO) reported higher revenue of $427.9 million, but missed adjusted EPS consensus at 18 cents. VLCC TCEs were $37,200, Suezmax TCEs were $31,200, and LR2/Aframax TCEs were $22,300. Fleet growth is slow and refinancings have strengthened liquidity. FRO shares are up 2.97% premarket.
Marjorie Taylor Greene disclosed buying more than 50 stocks in early May. A look at the list and why the congresswoman's past trades have drawn red flags.
