US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...

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

President Trump plans to refill the US Strategic Petroleum Reserve, which was significantly drained under the Biden ...

By Ben Aris in Berlin The Biden administration imposed theharshest ever oil sanctions ever on Russia on January 10 that ...

Image by TanyaJoy via iStock The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker ... 60 million barrels’ worth of shipping capacity ...

The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker to be registered ... At least 60 million barrels’ worth of shipping capacity across more ...

On Tuesday, Shell booked three Very Large Crude Carriers, capable of carrying up to 2 million barrels of oil ... bringing the cost to charter a supertanker on that route to $4.1 million, said ...

Freight rates for VLCCs that can carry 2M barrels of crude across major routes reportedly jumped after Unipec, the trading arm of Asia's largest refiner Sinopec, chartered several supertankers on ...

She added that at least 150,000 barrels per day (bpd) of Russian diesel exports from Gazprom Neft and Surgutneftegas refineries are at risk. The premium of the first-month European diesel ...