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

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

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.

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 ...

West Texas Intermediate (WTI) Oil price declines for the fifth consecutive session, trading near $75.40 per barrel during ...

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

President Trump plans to refill the US Strategic Petroleum Reserve, which was significantly drained under the Biden ...

Spot premiums of fuel oil have more than doubled in Asia ever since the U.S. imposed broader sanctions on Russian oil and tankers, clouding the supply outlook.

In December, Russia reportedly sold its stakes in certain Kazakh uranium deposits to Chinese-owned companies. This involved ...

Days before President Biden leaves the White House, the U.S. government has delivered a major blow against Russia. On January 10, 2025, the ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...