President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...

After 37 years of gainful employment transporting refined petroleum products across the world’s sea lanes, the 40,000-dwt MR1 ...

Beijing elected to slap 10% fees on US crude oil, among other products, following the decision from US President Donald Trump ...

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

It represents more than a third of the roughly 600 ships in this fleet, which accounts for 70% of Russia's oil exports.

The latest additions to the Greek shipowner’s fleet are 115,621-dwt Aframax/LR2 tankers Aisopos and Aiolos, both built at ...

From there, the crude oil is transported by tanker. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.

Nigeria’s roads have become a killing field, with fuel tanker crashes and fires claiming thousands of lives over the past 15 years. The statistics are staggering: About 3,445 people, according ...

From there, the crude oil is transported by tanker. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.

2-Year U.S. Treasury Note Continuous Contract $102.766 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $106.320-0.070-0.07% 10-Year U.S. Treasury Note Continuous Contract $108.781-0.172 ...

Companies that run pipelines or own oil tankers are often referred to as midstream since they bridge the gap between the drillers and the companies refining and selling the product to the public.

The oil industry is driven by booms and busts. Prices rise during periods of global economic strength during which demand outpaces supply. Prices fall when the reverse is true. Meanwhile ...