Oil traders are rushing to grab supertankers to haul crude on a key route from the Middle East to Asia, bolstering earnings ...

After Yemen's Huthi rebels claimed to have struck an Israeli-owned tanker in the Red Sea, images of burning vessels were ...

Discounts for Iranian oil in China have widened on record stock levels at a major refining hub and as a shortage of import ...

This year provides a testament to how the smuggling network has intensified its operations. In 2023 and 2024, the network ...

Kazakhstan has restarted oil shipments through the Baku-Tbilisi-Ceyhan (BTC) pipeline after a one-month suspension, restoring ...

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After oil companies go bust, the state is left paying to clean up abandoned wells, tanks, machinery and sludge pits.

The construction of six oil storage tanks at the Kolonnawa Oil Storage Complex, valued at Rs. 3.7 billion, will be inaugurated today (17) under the patronage of President Anura Kumara Dissanayake.

That wave of cargoes is pressuring oil prices but fueling tanker demand, with rates on U.S. Gulf-Asia voyages also jumping nearly 20% to more than $80,000 a day.

India has indicated several times that it makes decisions to purchase oil from Russia based on commercial reasons and not ...

With ship traffic surging following the expansion of the Trans Mountain pipeline — and set to grow even more following a port ...

Global oil trader, Vitol, and North American fuel distributor, Sunoco (SUN.N), received the first U.S. shipment of petrol ...