RECENT NEWS
Oil markets entering era of persistent geopolitical risks – industry analyst
The global oil market has entered an era of persistent geopolitical risk, where the weaponization of energy has become a permanent feature of the landscape, a senior industry analyst said on Thursday. Uncertainty persists regarding Strait of Hormuz shipping protocols,...
U.S. commercial crude oil inventories have decreased in June
For the week ending June 19, 2026, U.S. refineries processed 17.1 million barrels per day (b/d) of crude oil, down 81,000 b/d from the previous week, and they operated at 96.1% capacity utilization. Gasoline production averaged 9.5 million b/d, and distillate...
Westport Moss Terminal has joined the Portchain Connect Network
Portchain today announced Westport Moss will join the Portchain Connect network. Westport Moss will use Portchain Connect to increase the quality and speed of their berth alignment with customers through digital handshakes and secure data sharing. Portchain is excited...
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