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

The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic ...

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 ...

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

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

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.

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

Q3 2024 Earnings Call Transcript November 6, 2024Ardmore Shipping Corporation misses on earnings expectations.

Former US President Donald Trump's potential return to the White House could spell trouble for China's access to cheaper Iranian oil. Trump's 'maximum ...

Matrix Petroleum Services Limited, A.A. Rano Limited, and AYM Shafa Limited—have asked the Federal High Court in Abuja ...

China faces a squeeze on supplies of cheap Iranian crude, which make up about 13% of imports by the world's biggest buyer of ...

The discounts are the narrowest since Chinese independent refiners, known as teapots, stepped in as buyers in late 2019 ...