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

An investigation is underway after an incident near Arnold's Cove, N.L., led to a tanker ship striking the wharf at ...

Trump, meanwhile, has said he wants to impose a 25% tariff on all products from Canada and Mexico, including crude oil. If Mexico can’t export crude to the US and re-import finished fuels, it will ...

Supply constraints and sanctions boost crude oil futures; traders eye $79.44 resistance, while $76.03 offers dip-buying ...

VLCC rates have hit a wall, but bullish sentiment remains. After rising for several days following a US sanctions crackdown ...

The cost of shipping Russian ESPO crude oil to China has spiked further, rising nearly fivefold compared to pre-sanction ...

But sure to keep the bearish momentum going was a late disclosure on Wednesday from the American Petroleum Institute, which estimated that crude inventories in the U.S. increased by 1 million barrels ...

Oil prices eased to a fresh one-week low on Wednesday as the market considers how US President Donald Trump's proposed tariffs could affect global economic growth and demand for energy.

The U.S. is already the world’s largest oil producer, pumping an average of 13.2 million barrels a day in 2024. Much of its ...

New US sanctions targeting Russian oil producers, tankers, and insurers have caused a significant disruption in Russian oil exports, particularly to India.

Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports ...

The Department of Energy/Energy Information Administration average weekly retail price posted for Monday – but released a day ...