The measures could exacerbate an anticipated 200,000 barrel-per-day decline in Venezuelan crude oil output this year, Singh said. Oil markets are readjusting global supply expectations as a result ...

German customs services seized a tanker that was drifting off the northern coast of the country in January, the magazine ...

Russia used aging, underinsured, and often worn-out tankers to transport 2.4 million barrels of oil daily in June 2023. According to KSE analyses, this number rose to 4.1 million barrels in June 2024.

The measures could exacerbate an anticipated 200,000 barrel-per-day decline in Venezuelan crude oil output this year, Singh said. It has compounded uncertainty for buyers and saw trade of ...