Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

The group also noted that the Volgoneft-109 tanker, which issued a distress signal on December 17, was likely bound for the FIRN. The ship was rescued in time and sheltered at an anchorage in the Port ...

Supertanker rates surged in the aftermath of the U.S. sanctions on Russian oil trade and shadow fleet tankers, with rates for the vessels capable of shipping 2 million barrels of crude doubling in ...

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(Bloomberg) -- The most aggressive Western sanctions imposed on Russia’s oil ... tankers and traders involved in about 2,000 shipments since the invasion began. It also acted against Moscow ...

The Delta Oil tanker ship was previously used by Russia's Gazprom for bunkering operations in the port of Constanta, JT Grup Oil said in a press release issued on Wednesday. The Romanian fuel ...

The real-time price of Brent crude oil is at $78.05 per barrel, and the price of WTI crude oil is at $75.02 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

The blast happened in the early hours of Saturday near the Suleja area of Niger state after individuals attempted to transfer gasoline from a crashed oil tanker into another truck using a generator.

At least 60 people were killed and scores of others injured when an oil tanker exploded in northern Nigeria on Saturday, senior officials said. Kumar Tsukwam, the commander of Niger State's ...

The blast happened in the early hours of Saturday near the Suleja area of Niger state after individuals attempted to transfer gasoline from a crashed oil tanker into another truck using a generator.

From there, the crude oil is transported by tanker. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.