A 33,000-litre tanker carrying automated gas oil, otherwise known as diesel has fallen along the Onitsha-Awka-Enugu ...

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes ...

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

The U.S. Treasury said on Thursday it is imposing new sanctions on a few individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China, in an incremental move to ...

The U.S. Treasury said on Thursday it is imposing new sanctions on individuals and tankers helping to ship millions of ...

DHT Holdings Inc, the Bermudian-based independent crude oil tanker company, has reported a net profit for 2024 of $181.5 ...

Enforcement of the U.S. sanctions on Iran will come down to how much the Trump administration is willing to pressure Iran's oil buyers, said StoneX's Hodes. Oil prices may rise if there are some ...

SINGAPORE (Reuters) - Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S. crude and liquefied natural gas (LNG) imports from ...