Muscat – Oman crude price surged by 5.5% on Monday to its highest level in four months, reaching $82.22 per barrel, driven by renewed global supply concerns following fresh sanctions targeting ...

The State of Kuwait is poised to usher in a fresh stage of development amid recent numerous accomplishments made thanks to ...

John Fredriksen and Trafigura-backed bunker supplier TFG Marine is forming a new joint venture to capture ship fuel volumes in Oman. The company said it has signed a deal to set up TFG-OOMCO with Oman ...

Iran's Navy is witnessing a significant boost in its maritime capabilities with the upcoming unveiling of the Zagros ...

Iran has repeatedly warned the United States about its military activities in the Gulf, saying that ... when the Iranian oil tanker was detained in the Sea of Oman. “Members of the Guards ...

As Kuwait prepares to enter a new phase of development, a series of notable achievements have strengthened its position both ...

Supertanker freight rates jumped after the US expanded sanctions on Russia’s oil industry, sending traders rushing to book ...

FILE - The Cook Islands-registered oil tanker Eagle S is anchored near the Kilpilahti port in Porvoo on the Gulf of Finland, Dec. 30, 2024. FRANKFURT, Germany (AP) — The Group of Seven ...

FILE - The Cook Islands-registered oil tanker Eagle S is anchored near the Kilpilahti port in Porvoo on the Gulf of Finland, Dec. 30, 2024. (Jussi Nukari/Lehtikuva via AP, File) FRANKFURT, Germany (AP ...

Oil Market Report’ is a monthly publication of the OPEC Secretariat focusing on short-term developments in the global oil ...

The Finnish coast guard said on Monday it was deploying one of its patrol vessels and a tugboat to assist an oil tanker that suffered engine failure in the Gulf of Finland, seeking to prevent ...