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U.S. crude oil gains pared as storm forecast spares oil patch offshore

Posted to Maritime Reporter on July 2, 2024

The forecast track of Hurricane Beryl continues to steer it away from the major offshore production areas of the U.S. regulated northern Gulf of Mexico. Brent crude futures rose 24 cents or 0.28% to $86.84 per barrel at 10:20 AM CDT (1520 GMT). U.S.

Yemen's Houthis claim they have targeted four ships that are 'linked to Israel, the US and UK'

Posted to Maritime Reporter on July 1, 2024

Yemen's Houthis announced on Monday they had conducted four military actions targeting four ships, including four in the Red Sea, Arabian Sea, Mediterranean Sea, and Indian Ocean, "linked to United States, United Kingdom, and Israel". Yahya Saarea…