The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in April, Bloomberg ship data ...

Sanctioned oil tankers previously idling due to Western sanctions are now resuming operations, transporting Russian crude and ...

Saudi Arabia’s Aramco has signed agreements with China’s Rongsheng Petrochemical and Hengli Group to increase cooperation in ...

A growing number oil tankers that were sanctioned for their role in transporting Russian petroleum are finding work again — a ...

Mercuria has been notably active in fleet expansion this year. In addition to the MR tankers, the trading group has been ...

SANAA, Sept. 15 (Xinhua) -- An international technical team on Sunday began towing a damaged oil tanker targeted by Yemen's Houthis in the Red Sea last month, a Yemeni naval official told Xinhua.

China saw a post-Covid surge in demand of 1.5m bpd in 2023 but that increase is set to slow to 180,000 bpd in 2024, said the 31-member IEA.

Russian insurers are playing a growing role facilitating the country's oil shipments to India, its biggest buyer, data ...

The oil products demand in China - long the driving force behind global crude consumption - peaked in 2023. It is expected to ...

The leader of a U.S. think tank who was indicted last year on charges of acting as an unregistered agent of China has been ...

Russian corporations have upped insurance on oil shipments to India to 60%, allowing them to sell oil at prices higher than ...

Data from sources in the shipping and trade industries shows that Russian insurers play a greater role in facilitating oil shipments by Russia to ...