Oil traders are increasingly avoiding chartering tankers built in China due to concerns over potential U.S. port fees, ...

A letter of intent has been signed by Hibernia Management and Development Co. Ltd. with Maersk Supply Service/ Seabase to provide supply vessel services required for the Hibernia offshore oil ...

Oil prices edged higher on Wednesday as concerns about tighter global supply grew following the U.S. threat of tariffs on ...

HOUSTON, March 26 (Reuters) - Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by mounting concerns about tighter global ...

Canadian Marine (CANMAR) Drilling of Calgary, Alberta, Canada sold its 130-ft. by 44-ft. (40-m by 13-m) 2,250-bhp multi-purpose tug supply/coring vessel Canmar Supplier V to Anya Holdings of Cape ...

NEW YORK, March 21 (Reuters) - Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer ...

Light crude futures are edging higher on Wednesday, supported by tightening supply signals and a larger-than-expected U.S. inventory draw. Prices are consolidating below key resistance levels as ...

UK-based owner Borealis Maritime has banked a huge profit from selling a quartet of platform supply vessels bought from ...

Availability of crude oil will be more than sufficient to cover expected demand growth this year and next, according to Vitol chief executive Russell Hardy. Speaking during the FT Global ...

A bipartisan Senate bill proposes significant sanctions on Russia, including hefty tariffs on imports from countries buying ...

In 2025, global supply chains remain under strain due to trade barriers, security risks, and shipping disruptions, making it ...