A spike in freight rates for tankers hauling oil has prompted a wave of vessels to join the lucrative trade, with dozens of ...

The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing.

The amount of oil on tankers in transit has jumped to the highest since 2016, and this is cause for concern because it means there is too much oil around and it is not being consumed. That’s the ...

Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit margins and mitigated ...

A tanker carrying Russian crude oil to India has turned around and gone adrift in the Baltic Sea after the United States ...