Worldscale is a unified system of establishing payment of freight rate for a given oil tanker’s cargo. These VLCCs have the capacity to carry around 2 million barrels of oil. The two carriers ...

In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil ...

Nordic American Tankers is a midstream energy play with reliable earnings, which support its ultra-high-yield dividend.

Technical problems have severely reduced tanker loadings at the key Russian oil port of Ust-Luga this month. Traders told ...

Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been crippled by sweeping US sanctions.

Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an ...

Six Russian oil tankers still under construction by Russia's Zvezda shipyard were included in U.S. sanctions imposed last ...

US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...

ALBAWABA - Amin H. Nasser, President & CEO of Aramco, stated that the oil market currently remains strong, with oil demand ...

“First oil at the Future Growth Project is the latest in a series of development milestones, including in the Gulf of Mexico ...