The move follows Donald Trump’s pledge to bring crude exports to zero in a bid to curb Tehran’s nuclear ambitions.

The U.S. Treasury said on Thursday it is imposing new sanctions on individuals and tankers helping to ship millions of ...

The US Treasury Department announced sanctions against an international network for allegedly facilitating Iranian crude oil shipments to China that the Treasury said were worth "hundreds of millions ...

With all those hurdles, one of the quickest and easiest solutions for Canadian oil producers may lie in further expanding Trans Mountain. The system is currently only shipping about 720,000 barrels a ...

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

The organization that co-ordinates crude oil transportation from Newfoundland and Labrador's offshore says contingency plans ...

Despite's Trump's reiteration, Giovanni Staunovo, analyst at UBS, said, "There is no indication of accelerating U.S. drilling activity," and he added that he was surprised by the market reaction.

In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...

Oil prices declined on Wednesday as rising stockpiles in the U.S. and market worries about a new Sino-U.S. trade war offset ...

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

A US-based trader told Ship & Bunker it remains too early to predict a decrease in the number of ships arriving at US ports, ...

DHT Holdings Inc, the Bermudian-based independent crude oil tanker company, has reported a net profit for 2024 of $181.5 ...