U.S. Seeks 1 Million Barrels for Strategic Petroleum Reserve
The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks
The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks
A flotilla of crude oil on the world’s oceans expanded to a fresh high as producer nations keep adding barrels and the tankers sail further for
The Baltic Exchange has launched two new Aframax tanker benchmarks tracking Canadian crude exports to Asia, marking a direct response to shifting global trade
Most Iranian-flagged tankers have begun transmitting properly over the Automatic Identification System (AIS) without spoofing for the first time in seven and a
DHT Holdings, Inc. says that its fleet should not be subject to new Chinese port fees on US-linked vessels that are set to take effect on Tuesday, based on
Bearish signs are cropping up across the oil market after US President Donald Trump’s latest tariff threats fanned fears of an imminent
By Alex Longley Oct 3, 2025 (Bloomberg) –The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years,
The Houthi-aligned Humanitarian Operations Coordination Center (HOCC) has designated 13 entities, 9 individuals, and 2 vessels for sanctions related to US
(Bloomberg) — Two key oil ports on Russia’s Black Sea coast resumed loading of tankers overnight following Ukrainian aerial and marine drone attacks on
Sept 21 (Reuters) – Iraq has increased oil exports following the gradual unwinding of voluntary production cuts under an OPEC+ agreement, the
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on a complex network of shipping companies and
U.S. President Donald Trump signed an Executive Order today imposing a 25% tariff on imports from India, citing the country’s continued purchase of
Iraq will raise shipments of a key crude grade next month, part of an enlarged export program indicating that the OPEC+ nation is boosting its oil
The Indian Navy stealth frigate INS Tabar has responded to a distress call from the Pulau-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on Sunday after
A limpet mine may have caused a blast that damaged a Greek tanker sailing off Libya's coast last week, the fifth such incident to hit commercial shipping in
Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions
Israel launched extensive pre-emptive airstrikes against Iran early Friday morning in a major escalation of regional tensions, targeting Tehran’s
Several of the world’s largest ocean-tanker operators said they remained calm but cautious after risk warnings from naval forces for vessels operating in and
OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels
Frontline plc reported a profit of $33.3 million for the first quarter of 2025, with revenues reaching $427.9 million. The tanker company continues to
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up