Benchmark rates for very-large crude carriers that can transport up to 2 million barrels from the Middle East to China rose ...

Frontline plc benefits from record-high tanker rates, growing global crude shipments, and a young, eco-friendly fleet ...

Freight rates for very large crude carriers (VLCCs) soared to their highest in more than two years, according to industry sources and LSEG data, as tanker supply tightens with a rise in Middle East ...

The cost of hiring an oil supertanker on a benchmark route spiked to the highest in more than five years, as buyers sought alternatives to sanctioned Russian crude amid increased supply from Middle ...

Global oil tanker rates have surged to five-year highs, driven by new US sanctions on Russian oil and increased supply from ...

(Bloomberg) -- Russia’s seaborne crude shipments retreated for a fifth week to deepen a trend that began when the US ...

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Spot freight rates in the key tanker segment have jumped over the past few weeks, given rising global oil production and ...

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“In a possible sign that the unwinding of OPEC+ production cuts could increase seaborne volumes, the combined crude tanker loadings of OPEC countries has jumped 24% week-on-week to 2.281 million ...

SUMMIT, N.J.--(BUSINESS WIRE)--Breakwave Advisors in partnership with ETF Managers Group LLC (ETFMG®), announced that the Breakwave Tanker Shipping ETF (NYSE Arca: BWET) will begin trading today on ...

May WTI crude oil Friday closed down -4.96 (-7.41%), and May RBOB gasoline closed down -0.1098 (-5.07%). Crude oil and gasoline prices on Friday sank for the second day, with crud ...