tanker — Oil & Gas Glossary
A ship designed to transport crude oil, liquefied petroleum gas (LPG), liquefied natural gas (LNG), synthetic natural gas (SNG) or refined products. Tankers with 100,000 deadweight tons of capacity or more are called supertankers (very large crude carriers or ultralarge crude carriers). A tanker is also called a tank ship.
In the News
OPEC+ Hikes May Output by 206,000 BPD, but 230 Loaded Tankers Remain Stranded in Persian Gulf
Prices & MarketsApr 16, 2026
Iran Halts Strait of Hormuz Shipping Again After Israeli Strikes on Lebanon, Over 400 Tankers Stranded as Oil Prices Reverse on April 9
Prices & MarketsApr 9, 2026
Iran Opens Hormuz to Approved Tankers Under Undisclosed Toll System as Prairie Operating Posts 3,000% EBITDA Surge
Prices & MarketsMar 30, 2026