Freight costs have been halved for cargoes of Espo crude moved out of the Kozmino terminal, traders told Reuters. Rates had ...

Night-time loading of aframax tankers is being planned as Canada’s Suncor seeks to move more cargoes out of the Vancouver TMX ...

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

Oil prices rose on Friday after the US slapped sanctions on individuals and tankers shipping Iranian oil to China. However, ...

President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the ...

Chinas planned tariffs on U.S. crude oil and liquefied natural gas (LNG), set to take effect on February 10, are expected to ...

The move follows Donald Trump’s pledge to bring crude exports to zero in a bid to curb Tehran’s nuclear ambitions.

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

Sepehr was designated in 2023 but the new sanctions go further by targeting the network underpinning Iran’s oil sales, ...

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 ...