Already in April, US crude arrivals to South Korea rose by nearly 200,000 barrels per day (kbd) month-on-month to hit 540 kbd ...

2025 Forecast: More than 70% of the first quarter of the SPOT market days have already been secured, with an average rate of ...

A US-blacklisted VLCC has offloaded an Iranian crude cargo in China in a voyage that could indicate an increased willingness ...

DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended March 31, 2025. The ...

The ’maximum pressure’ campaign continues as the US administration targets a third Chinese independent oil refinery ...

The emergence of zombie ships is happening as Washington tightens the screws on Venezuela’s oil industry, and threatens to ...

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according ...

OFAC blacklisted another VLCC, the 300,000 ... barrels of Iranian crude, and Huaying Huizhou Daya Bay Petrochemical Terminal Storage, penalised for storing Iranian oil from a sanctioned tanker.

The delivery of 2 million barrels on a sanctioned VLCC to a government-run port goes ... pace of US sanctions,” said Muyu Xu, senior crude oil analyst at analytics firm Kpler in Singapore.

For example, the VLCC Atila loaded 2.07 million barrels ... off the port of Mumbai involving a cargo of Russian crude. Other Arctic oil buyers include Syria, which received its first shipments ...