The closure of the shipping route, where more than 20% of daily oil consumption passes, remains a very low-probability event.

Possibility of Iran shutting down the Strait of Hormuz, a key lane for Middle Eastern oil and gas shipments from the Persian ...

Oil and gas producers in the United States expect to find it easier to ramp up output and exploration under the incoming ...

U.S. imports of crude oil from Saudi Arabia hit a near four-year low last week, U.S. government data showed on Wednesday, as ...

Hanwha Ocean Europe and Gibson Shipbroking experts forecast tanker fleet renewal, fuel options and global demand shifts ...

Navios Maritime Partners has capitalized on shifting trade routes and geopolitical uncertainties, boosting its stock by 59.6% ...

A Greek oil tanker crippled by Yemen's Huthi rebels and towed to avert an environmental disaster began transferring its cargo of over a million barrels on Thursday, the state-run ANA news agency said.

Nigeria exported N123.3tn worth of crude oil between 2013 and 2022, a report on international shipping trade by the Nigerian ...

ZIM Integrated Shipping is expected to face earnings losses in H1 2025, likely resulting in no dividend payout. Learn why ZIM ...

The discount on Canadian heavy crude is the most stable it has been in more than two years as the startup of the expanded Trans Mountain pipeline gives the country’s oil producers new shipping options ...

This is because Israel didn’t strike at Iran’s nuclear of crude oil export and refining capabilities ... s Iran-aligned Houthi militants against shipping in the Red Sea.

Oil and gas producers in the U.S. expect to find it easier to ramp up production and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for their ...