There was already a smallish shadow fleet of antiquated tankers carrying embargoed oil from Venezuela and Iran, but the ...

After months of weaker growth, oil demand picked up in the fourth quarter of last year, rising by 1.5 million barrels a day--the strongest since the fourth quarter of 2023. Demand growth in 2024 was ...

Tanker owners are cashing in on the sanctions-fuelled rate rally, and no one as much as George Economou. The Greek magnate’s ...

The International Energy Agency slightly lowered this year’s global oil-demand outlook, but said it still expects growth to ...

In less than a week, the Biden White House has sanctioned Russian oil producers and ships, restricted semiconductor chip ...

The outgoing Biden administration fired a parting salvo of enhanced sanctions at Russia last Friday, January 10. In so doing, ...

“Russian oil sellers are likely to adapt by using non-sanctioned tankers or ship-to-ship transfers,” Kpler added. “But ...

Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

Old tankers are damaging crucial subsea cables using their anchors. Analysts say it's likely deliberate.

Republican U.S. Senator Marco Rubio is expected to face friendly questioning at his Secretary of State nomination hearing on ...

Indonesia, a new member of BRICS, is considering importing cheap Russian oil but faces challenges in complying with US sanctions.