Iranian gunboats attacked commercial ships in the Strait of Hormuz. Two Iranian oil supertankers are testing a US blockade in the Arabian S...

Strait of Hormuz: The strait lies between Oman and Iran and links the Gulf north of it with the Gulf of Oman to the south and the Arabian S...

China's Russian oil imports are set to reach a new record high in February, surpassing January's figures. Independent refiners are increasi...

China’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...

In a significant shift, leading oil corporations in China have ceased their maritime purchases of Russian crude, responding to recent US sa...

China's crude oil imports surged in March, reaching 12.1 million barrels per day, a nearly 5% increase year-over-year. This rise was fueled...

India's state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and ...

The rise in Russian share came at the cost of traditional suppliers in the Middle East. Shipments from Saudi Arabia slipped to 560,000 tonn...

The European Union will ban Russian oil product imports, on which it relies heavily for its diesel, by Feb. 5. That will follow a ban on Ru...

Compared to September, overall crude import went up 5% in October and that from Russia rose 8%, according to Vortexa, an energy intelligenc...

Asia and the Middle East have already been taking a greater share of Russian exports since the war broke out, according to data from S&P Gl...

Deprived of many of its traditional European buyers, Moscow is on course to deliver somewhere between 1 million and 1.2 million barrels a d...

The move by the world's biggest oil importer comes a month after it initially cut back on Russian supplies, for fear of appearing to openly...

Both benchmark contracts rose more than 40 cents on Monday and extended those gains modestly in early trade on Tuesday.

U.S. West Texas Intermediate (WTI) crude futures similarly dropped 24 cents, or 0.2%, to $104.94 a barrel, after hitting an intraday high o...

Trafigura, Glencore and Vitol are holding about 1.5 million tonnes of the industrial and aviation fuel on at least seven Very Large Crude C...

A total of 3.4 million tonnes (24.8 million barrels) of crude oil was discharged from floating storage into Asian markets in the past seven...