Traders are selling Venezuelan crude oil as Brazilian to China to avoid US sanctions and reduce transportation costs.

Over the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude by ...

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, ...

The chief executive of Petropars Oil Company says that his company is presently exporting technical and engineering services ...

The ’maximum pressure’ campaign continues as the US administration targets a third Chinese independent oil refinery ...

The U.K. sanctioned a vital figure in Russia’s oil trade, stepping up economic pressure on Moscow to strengthen Ukraine’s ...

Oil prices rose more than 1% on Friday, poised for a weekly gain as trade tensions between top oil consumers China and the ...

Two VLCCs observed taking “unprecedented” voyages with combined loads of Russian and Chinese oil have docked in Venezuela ...

Tighter U.S. sanctions on Iran could restrict supply and push prices higher. Sanctions on two small Chinese refiners for ...

The UK will sanction as many as 100 oil tankers that it says are part of a shadow fleet of vessels helping Russia to move its ...

After increasing pressure from the United States and China, Iran began using so-called zombie vessels to supply oil. One such ...

Denmark's Torm has continued to dispose of elderly tonnage in weaker product tanker markets. The US and Copenhagen-listed ...