Tanker rates from Russian Baltic Sea oil ports have fallen over the last month, but new sanctions could change that, traders ...

Indonesia has widened its probe into alleged corruption at state energy company Pertamina to include a Trafigura employee and ...

Trump’s Russia sanctions may disrupt crude oil flows, driving bullish oil outlook and higher futures amid supply risk and ...

Malaysia will fully enforce regulations pertaining to illegal ship-to-ship transfer of crude oil in Malaysian waters ...

Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted ...

While the oil market watches for an oversupply of crude oil that could push prices lower, the world also waits for a shortage ...

Crude grade price from Nigeria appreciated above $70 per barrel, marginally higher than the major oil contracts traded on the ...

Western sanctions aimed to cripple Russia’s oil trade, but a hidden network of offshore firms, rogue traders, and aging ...

Oil prices slipped on Wednesday as investors weighed a surprise build in U.S. crude stocks last week against attacks on ...

India should consider diversifying its crude oil imports by tapping into Western Canadian Select (WCS) to reduce reliance on ...

Nigeria loses N7.2 trillion out of N9 trillion ($6billion) annual freight rate to foreign shipping companies over a lack of ...

There have been reports that the ammonia leak was a result of an explosion, including on several Russian Telegram channels with ties to law enforcement. The cause remains unknown, although one ...