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 ...

The United States has imposed sanctions on part of Gabon's fleet. Over 100 ships flying the country's flag are estimated to ...

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