Oil tanker rates are projected to remain highly elevated through early 2026 due to rising crude supply and a shrinking fleet ...

The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of vessels are hit with Western sanctions, shipping sources say, though rates ...

The U.S. Mint unveiled the designs for coins commemorating the 250th anniversary of American independence next year. They ...

The seizure off the Venezuelan coast is a major escalation of U.S. aggression toward the South American nation.

An oil tanker carrying diesel suffered four external explosions near Dakar, Senegal, its manager said, the third vessel with links to Russia to have been struck over the last few days. Seawater ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. An oil tanker is moored at the Sheskharis oil and ...

The future of the oil tanker ban in northern B.C. waters is now in question after the federal and Alberta governments signed an energy agreement Thursday that sets the stage for a pipeline to the West ...

Two ocean-going tankers that are heavily sanctioned for carrying Russian oil suffered near-simultaneous blasts off Turkey’s Black Sea coast. The first, the 900-foot Kairos, was taking on water after ...

A sanctioned Russian oil tanker has reportedly reached Venezuela following several route changes and attempts to evade U.S. naval interception in the Caribbean Sea. The ship anchored at Puerto La Cruz ...

Benchmark rates for very-large crude carriers that can transport up to 2 million barrels from the Middle East to China rose to nearly $137,000 a day at the end of last week, marking a 576% increase ...

Warnings that a glut in the oil market could sink buoyant tanker earnings are growing louder. In its weekly note, Gibson Shipbrokers said the oil market is “on a collision course” with what looks to ...

A sanctioned Russian shadow fleet tanker has reached Venezuela’s waters after evading a U.S. destroyer. Previously, Bloomberg reported the sanctioned panamax carrier Seahorse unsuccessfully attempted ...