The cost of shipping Russian ESPO crude oil to China has spiked further, rising nearly fivefold compared to pre-sanction ...

Although shipping will be an issue in the near term due to the sanctions, the situation should ease in a few months, BPCL CMD ...

Bermudian-based DHT Holdings Inc, the independent crude oil tanker company operating in the very large crude carrier market, ...

Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

Declines in Chinese crude imports and demand filled by illicit barrels from Iran and Russia helped hold down VLCC rates ...

Oil prices rise as U.S. sanctions tighten supply and seasonal demand surges. Can crude break through $80 and sustain its ...

The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...

The latest U.S. action means an estimated 35% of some 669 shadow fleet tankers involved in shipping Russian, Venezuelan and ...

The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being ...

Indian refiners are requesting "delivered at port" pricing from Middle Eastern oil suppliers to mitigate the impact of rising ...

The cost to transport ESPO oil from Kozmino port, located on Russia's east coast, to China surged to between $5 million and ...