Shipowners laud moves to rejig Nigeria’s oil trading terms

Plans by the Federal Government to change Nigeria’s crude oil trading terms from Free On board…

Sunken Iranian tanker now leaking heavy oil

By Jite Eriabie  A sunken Iranian oil tanker may be leaking heavy bunker fuel as well…

China says sunken Iranian tanker may now be leaking heavy oil

A sunken Iranian oil tanker may be leaking heavy bunker fuel as well as light oil…

China says sunken Iranian tanker may now be leaking heavy oil

A sunken Iranian oil tanker may be leaking heavy bunker fuel as well as light oil…

Oil holds near 2014 high, supported by threat of Nigeria attack

Oil held steady above $69 a barrel on Thursday, supported by falling inventories of crude and…

Oil retreats from $70 highs but set for fourth week of gains

Oil prices fell on Friday after hitting a three-year high over $70 a barrel the previous…

Oil hits highest since May 2015 above $68 on tighter market

Oil rose further above $68 a barrel briefly on Tuesday, touching its highest since May 2015,…

Oil retreats after hitting 2015 highs

Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring U.S. production…

China says will limit oil, refined product exports to North Korea

China’s Commerce Ministry said on Friday it will limit exports of crude oil, refined oil products,…

Taiwan releases man on bail in suspected North Korean oil transfer

A court in Taiwan has released on bail a man prosecutors allege to have made false…

Oil at highest since mid-2015 amid Iran tensions, tighter market

Oil prices on Thursday hit their highest in more than two and a half years, touching…

Oil trades near strongest levels since mid-2015 on Iranian unrest

Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising…