Line, a Tokyo-headquartered shipping company, has concluded the contract to build its first very large crude oil carrier ...

In related news, the Nigerian National Petroleum Company Limited is set to export Nigeria’s newest crude oil grade to Europe.

Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus at the country's ports after ...

A Chinese-controlled suezmax tanker has reportedly been observed shipping Venezuelan crude back out of Cuba for export to ...

Indian port authorities denied entry to an ageing tanker loaded with Russian crude on Thursday due to inadequate ...

Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs ...

The Nigerian National Petroleum Company Limited (NNPC) has clinched another breakthrough export deal by shipping out its own cargo to a customer in Europe, THISDAY learnt at the weekend.

According to the company’s vessel tracking and market intelligence, the 104,500-dwt Zaliv Vostok and Zaliv Baikal (both built ...

Goldman Sachs cut its 2026 average price forecast for Brent by nine per cent to $62 and WTI by 6.3 per cent to $59. It warned ...

Pundits who thought oil was in a free fall with no end in sight due to U.S. president Donald Trump 's tariff initiatives ...

India imported 1.91 million bpd of Russian crude in March, 30 per cent higher than in February and flat from a year earlier ...

Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday (Apr 2) as US ...