One Indonesian crewmember died and seven others were rescued by Taiwan's Coast Guard after their Belize-registered oil tanker ...

Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...

While geopolitical factors will continue to play a part in the market, the supply-demand forecasts from major oil research ...

Technical problems have severely reduced tanker loadings at the key Russian oil port of Ust-Luga this month. Traders told ...

Initial reports suggest, the blast occurred due to gas leakage during welding work on the tanker, which was being used to ...

A Russian oil tanker known as Unity has lost power and gone adrift in the NATO Lake while on its journey to Mangalore, India.

The fuel oil spilled by the Volgoneft-212 oil tanker, which crashed in the Kerch Strait on December 15, was intended for ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...

During the accident, the tanker Volgoneft 212 sank, while the other vessel, the Volgoneft 239, was stranded at Cape Panagia, a few hundred feet from the shore, still filled with fuel oil.

Oil prices saw their first weekly decline of the year with ICE Brent settling a little more than 2.8% lower last week. And this downward pressure has continued in early morning trading today.