Oil


Monday, June 9, 2025
Japan’s Taiyo Oil Imports Russian Crude on US-Sanctioned Tanker
Energy

Japan’s Taiyo Oil Imports Russian Crude on US-Sanctioned Tanker

The Japanese oil refiner Taiyo Oil Co. is taking delivery of a cargo of Russian crude on a tanker that’s blacklisted by both the US Treasury and the European

2 hours ago
Total Views: 183

Friday, May 30, 2025
Western Oil Tanker Firms Flock Back to Russia After Price Plunge
Energy

Western Oil Tanker Firms Flock Back to Russia After Price Plunge

From Athens to New York, oil tanker companies from Group of Seven nations are flocking back to the Russian oil trade. Tumbling global oil prices this year

May 30, 2025
Total Views: 11545

Tuesday, May 20, 2025
Russia’s Crude Exports Slip While Ships Seek to Avoid Detection 
Energy

Russia’s Crude Exports Slip While Ships Seek to Avoid Detection 

Russia's oil exports are becoming increasingly difficult to track as the tankers moving the barrels disappear from digital tracking systems. Moscow’s exports

May 20, 2025
Total Views: 1027

Thursday, May 1, 2025
Oil tanker on Lake Maracaibo, in Cabimas. REUTERS/Issac Urrutia
Energy

Venezuela Loses 20% Of Oil Exports After Cargo Cancellations to Chevron

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations to U.S.-based

May 1, 2025
Total Views: 1153

Thursday, April 17, 2025
Arc7 shuttle tanker loading crude oil at the Arctic Gate terminal. (GazpromNeft Shipping)
Defense

Russian Arctic Oil Exports to China Jump Helped by STS Transfers, Sources Say

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port

April 17, 2025
Total Views: 1694

Friday, April 4, 2025
Stock photo shows an oil tanker at a terminal
Shipping

Commodities Collapse: China Tariffs Send Oil, Soybeans and Copper Tumbling

Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated against U.S.

April 4, 2025
Total Views: 4616

Thursday, April 3, 2025
crude oil import terminal vlcc tanker china
Shipping

Oil Traders Shun China-Made Ships for US Flows on Trump Levies

Oil traders looking to book ships that call at US ports are trying to avoid Chinese-built vessels, after President Donald Trump proposed hefty fees on them

April 3, 2025
Total Views: 973

Thursday, March 27, 2025
Iran Oil-Filled Tankers Build Up Off Malaysia as Sanctions Mount
Energy

Iran Oil-Filled Tankers Build Up Off Malaysia as Sanctions Mount

Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil-transfer hub for more than a

March 27, 2025
Total Views: 1113

Tuesday, March 4, 2025
tanker at sea
Shipping

Tankers: OPEC+ to Proceed with Planned April Oil Output Hike

 OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing

March 4, 2025
Total Views: 23

Friday, February 7, 2025
A warship with the EU's Operation Aspides escorts a tanker and cargo ship sail through the Southern Red Sea. Photo courtesy Operation Aspides
Shipping

Oil Executives Call for Cautious Return to Red Sea Navigation

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt in attacks by Iran-backed

February 7, 2025
Total Views: 444

Indonesia seizes Iranian flagged tanker suspected of illegal oil transshipment in Indonesia's North Natuna Sea. Picture released July 11, 2023. Indonesia's Maritime Security Agency (Bakamla) / Handout via REUTERS
Energy

Trump’s First Iran Sanctions Hit Three Ships in China Trade

President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the “maximum pressure” campaign

February 7, 2025
Total Views: 1195

Tuesday, January 28, 2025
Russia Oil Trade to China, India Stalls as Sanctions Drive Up Shipping Costs
Energy

Russia Oil Trade to China, India Stalls as Sanctions Drive Up Shipping Costs

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering

January 28, 2025
Total Views: 1054

Thursday, January 23, 2025
Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage
Energy

Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions

January 23, 2025
Total Views: 571

Wednesday, January 22, 2025
A crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay. REUTERS/Tatiana Meel
Energy

Oil Tankers Reroute to Russian Pacific Port Hobbled by Sanctions

Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been

January 22, 2025
Total Views: 1164

Thursday, January 16, 2025
crude oil import terminal vlcc tanker china
Energy

Tanker Under US Sanctions Discharges Oil at Chinese Port, LSEG Data Shows

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China, shipping data on LSEG Eikon

January 16, 2025
Total Views: 1376

Wednesday, January 15, 2025
Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions
Energy

Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions

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

January 15, 2025
Total Views: 3499

Monday, January 13, 2025
Russia Says New US Energy Sanctions Will Destabilize Global Markets
Energy

Russia Says New US Energy Sanctions Will Destabilize Global Markets

The Kremlin said on Monday that the latest round of U.S. sanctions on the Russian energy sector risked destabilizing global markets, and Moscow would do

January 13, 2025
Total Views: 769

Friday, January 10, 2025
U.S. Blocks More Than 180 Vessels, Oil Traders and Companies In Sweeping New Sanctions Against Russia
Energy

U.S. Blocks More Than 180 Vessels, Oil Traders and Companies In Sweeping New Sanctions Against Russia

In an unprecedented move targeting Russia’s energy sector the U.S. Department of the Treasury announced sanctions against more than 180 vessels, dozens of

January 10, 2025
Total Views: 1821

Wednesday, January 8, 2025
sovcomflot tanker in sea ice
Energy

Russia’s Crude Shipments Tumble to the Lowest in 16 Months

Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since an October peak to 540,000

January 8, 2025
Total Views: 1231

Monday, January 6, 2025
ship to ship
Energy

US Plans More Sanctions on Tankers Carrying Russian oil, Sources Say

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying

January 6, 2025
Total Views: 533