Over 1.2 billion barrels of oil are currently in transit on tankers, driven by increased supply from OPEC+ and non-OPEC+ ...

LONDON (AP) — The attacks on commercial vessels in the Red Sea by Yemen’s Houthi rebels have scared off some of the world’s ...

WTI prices have fallen since the start of 2025 and are down by 31.57% compared to 2022. Over the past year, the 52-week range ...

Around 13% of the global crude tanker fleet could be affected, with VLCC rates on the Middle East–China route surging and a two-tier market emerging between China-compliant and non-compliant vessels.

The now-stalled framework would have required shipowners to gradually cut the carbon intensity of their fleets or face ...

China’s retaliatory port levies are exposing oil shipping companies to hefty fees, making them scramble for relevant ...

Freight rates for very large crude carriers (VLCCs) soared to their highest in more than two years, according to industry sources and LSEG data, as tanker supply tightens with a rise in Middle East ...

The United States has sanctioned more than 50 people, entities and vessels accused of facilitating the sale of Iranian oil ...

MUSCAT, Oman -- Cyclone Gonu battered Oman's coast Wednesday with fierce winds and torrential rains, forcing thousands from their homes and shutting down oil installations before heading toward the ...

Oil tankers and container ships will be among the hardest hit should China’s port fees targeting US vessels take effect on ...

The IMO, which regulates international shipping, set a target for the sector to reach net-zero greenhouse gas emissions by ...

NEW DELHI - India's Russian oil imports between April and September fell 8.4% on year due to narrower discounts and tighter ...