The head of oil firm ConocoPhillips has called on the US government to act immediately lift a ban on crude oil exports.

Bunker fuel prices are continuing on a steady path of decline following the bearish crude oil market, with global benchmark grade Singapore 380 cst indicated at $308 per metric tonne (pmt) on Monday, down 49% year-on-year.

Energy enterprise Brightoil Petroleum is expecting to benefit from China’s announcement to increase tax cuts on crude oil.

Dubai-based United Arab Chemical Carriers (UACC) is bullish about its chemical and product tanker fleet as the Middle East, and especially the GCC, continues a massive refinery build-out that should add at least 3.3 million barrels per day of...

Italian broker Banchero Costa presents an upbeat assessment of prospects in the crude tanker market in its latest review.

Knutsen NYK Offshore Tankers (Knot) has concluded a time-charter contract involving two shuttle tankers with Brazil Shipping, a subsidiary of UK energy firm British Gas (BG).

The Kurdistan Regional Government (KRG) has denied media reports that it sold a shipment of crude oil to Israel earlier this month.

The Libyan Navy has positioned ships outside Es-sider oil terminal to intercept the tanker Morning Glory on its departure, according to local news sources.

The recent earnings report of Nordic American Tankers (NAT), a suezmax pure play, shows the interplay of the commodity markets with the tanker trades, and the refractions of the stock analysts lenses. NAT vessels trade mainly spot; with low debt...

The products market got a boost last week when Gulf rates to Japan lifted significantly as LR2 earnings on the route rose 32% to $18,116 a day and LR1 earnings 37% to $23,025 a day, according to Clarkson Research figures, beating last year's top...