An Iranian tanker carrying gasoline has arrived over the weekend in Venezuelan territorial waters as the country deals with severe fuel shortages and US sanctions.
The clean tanker Fortune -- laden with 30,000 tons of gasoline -- was north of the Venezuelan port of Puerto La Cruz as of Sunday...
Oil prices eased on Monday on concerns over rising tensions between the United States and China over Beijing’s plans to impose security laws on Hong Kong and the possibility of sanctions from Washington.
Oil prices have risen sharply in recent weeks as an easing of coronavirus restrictions has...
Russian President Vladimir Putin gave his government until June 15 to come up with a plan to support the country’s oil industry while output is slashed under an agreement among the world’s main producers.
Putin ordered ministers to work out “special rates” that pipeline operator Transneft PJSC...