An overturned tanker truck brought down a pole and wires into the roadway. Emergency dispatch said the road is expected to be ...

A 33,000-litre tanker carrying automated gas oil, otherwise known as diesel has fallen along the Onitsha-Awka-Enugu ...

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Freight costs have been halved for cargoes of Espo crude moved out of the Kozmino terminal, traders told Reuters. Rates had ...

Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes ...

Oil prices rose on Friday after the US slapped sanctions on individuals and tankers shipping Iranian oil to China. However, ...

The move follows Donald Trump’s pledge to bring crude exports to zero in a bid to curb Tehran’s nuclear ambitions.

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...