Declines in Chinese crude imports and needs filled by illicit barrels from Iran and Russia helped hold down VLCC rates ...

US sanctions on Russian oil exports are prompting Russia to redirect Aframax tankers from western ports to the Far East to service exports of ESPO crude to China.

In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...

Tankers that once transported oil from Russia's western ports are now being redirected to the eastern part of the country to ...

Bermudian-based DHT Holdings Inc, the independent crude oil tanker company operating in the very large crude carrier market, ...

The Maini most recently loaded at Kozmino on Jan. 13 and then discharged its cargo in Dongying in China’s eastern Shandong province. The Aframax started hauling Russian oil — exclusively from the ...

Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...

The Department of Energy/Energy Information Administration average weekly retail price posted for Monday – but released a day later due to the Martin Luther King Jr. holiday – rose 11.3 cents a gallon ...

Fast-growing Oil Brokerage has kicked off 2025 by continuing to expand its US presence with the hire of a derivatives expert ...

A decline in shipments in the seven days to Jan. 19 kept four-week flows below 3 million barrels a day for a fourth week ...

Shipping company Navig8 has started managing 20 tankers from ADNOC Logistics and Services after the company acquired a ...

"The coastal emergency and rescue team of the Azov-Black Sea Branch of the Marine Rescue Service gathered 225 kg of oily waste from the area along the coastline; 14,565 kg by cumulative total. Efforts ...