In recent years, a stretch of the South China Sea near Malaysia has become a hot spot for the ship-to-ship transfer of oil, ...

A dark-fleet oil tanker that was recently involved in a crash in Southeast Asia is now on its way to China. Ceres I, an aging very-large crude carrier that’s suspected of transporting sanctioned ...

VLCC owners have been enjoying a new source of demand in China after the opening of the independent Shandong Yulong refinery.

China currently imports over 50% of its crude oil needs Captain Feng Wanyuan told the Chinese press that the pilot-less 333 meters long tanker is equipped with an automatic navigation system that ...

The discount of Iran Light crude to ICE Brent has now narrowed to below $4 per barrel, from $5-$6 a barrel earlier this year, ...

China continues to defy U.S. @USTreasury sanctions by allowing blacklisted vessels to offload illicit cargo, providing #Iran ...

T wo and a half years into Russia’s war in Ukraine, the Western effort to wean Europe off of Russian oil and gas and isolate the Kremlin has stalled. The E.U.’s much lauded energy transition has kept ...

Former Trump official says Ukraine policy would lift Russian energy price cap while Iran sanctions ramp up and US production ...

Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating potential supply shortages—added what’s often called a “war premium” to the ...

India and China have significantly increased their ... The rise of a "dark fleet" of oil tankers has enabled Russia to circumvent sanctions and maintain its oil exports. Chinese and Indian oil ...

A DARK-FLEET oil tanker that was recently involved in a crash in South-east Asia is now on its way to China. Ceres I, an ageing very-large crude carrier that’s suspected of transporting sanctioned oil ...