A vintage VLCC with a habit of landing itself in the headlines has been sold yet again to unknown interests. Brokers reported ...

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions ...

PDVSA exported only 10,000 barrels per day to Cuba in the first month of the year, 65% less than in December 2024.

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

Ceres I was already notorious. Since June 2023, Lloyd’s List had linked the vessel to the “shadow fleet”. These are vessels ...

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WTI crude oil Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with ...

LAHORE: The oil marketing companies (OMCs) have sought the entry of oil tankers to Lahore round the clock and urged the government to exempt them from any timeline related to the POL supply to ...

MOSCOW (AP) — Rescue workers have successfully removed almost 1,500 tons of oil left onboard a tanker that ran aground last year in southern Russia, officials said Saturday. The mishap resulted ...

The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest ...

LAHORE: the Customs department has failed to establish use of an oil tanker in smuggling of diesel, as the relevant appellate forum has confirmed release of the vehicle while dismissing the ...