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Tanker operator Tsakos Energy Navigation reported a 13% jump in third quarter revenues on a year earlier. That was the first increase since 4Q 2015, but was slightly below analysts’ forecasts due to lower-than-expected utilization. The company has an upbeat outlook, similar to Gener8 Mariti... Read more →
U.S. oil independence from OPEC – part of President Trump’s America First Energy program – came a step closer in February as crude oil exports jumped 187% on a year earlier to a new high. Imports also increased by 5%, so exports were still just 17% of imports. The biggest loser ... Read more →
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