China route have surged to their highest level since November as tight vessel supply and lingering U.S.-Iran tensions keep ...

The supertanker market has tightened this year as crude supply from OPEC+ and the Americas rises and vessels make increasingly longer trips. So much has the market tightened that several new-built ...

U.S. sanctions on Russia and Venezuela have boosted tonne-miles, increased floating storage, and shifted trade from shadow ...

An expanding array of geopolitical risks — as well as surging crude supply — have pushed already elevated costs to hire oil tankers even higher. After jumping more than 30% in the second half of last ...

March WTI crude oil (CLH26) today is up +0.79 (+1.24%), and March RBOB gasoline (RBH26) is up +0.0360 (+1.84%). Crude oil and ...

Contrary to some expectations at the year's end, the sector is experiencing one of its historically strongest periods, with MR tanker rates in key basins exceeding $30,000 per day. This environment ...

A change in Venezuelan crude exports to the U.S. from China could boost already high oil tanker rates over the near to midterm, Fitch Ratings said on Tuesday. The credit-ratings firm said a U.S. plan ...

Trade realignments, extended tonne-miles as newbuilding and efficiency decisions came into focus, DNV said, with ageing ...

President Trump says India will stop buying sanctioned Russian oil as part of trade deal, but data shows shadow fleet vessels ...

A growing number of tankers waiting to discharge cargoes has tightened vessel availability for shipping Russian oil, ...

Nordic American Tanker Ltd is an oil & gas midstream company with a growing fleet and a reliable ultr-high-yield dividend.