Chinese-built supertankers transporting oil into the United States could be forced to pay fees of up to $5.2 million per each ...

Oil prices declined on Wednesday even amid reports that the White House is contemplating significant cuts to tariffs on ...

Oil prices rose more than $1 a barrel on Wednesday on concerns about global supplies after Washington issued new sanctions ...

Chinese state-controlled refining giant Sinopec has resumed buying Russian crude oil after a temporary halt due to concerns ...

The United States on Wednesday issued new sanctions targeting Iran's oil exports, including against a China-based "teapot" ...

Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese ...

Oil markets are fundamentally risk-avid and react obsessively in times of geopolitical unrest, ignoring other factors.

HOUSTON] Oil prices slipped 2 per cent on Wednesday (Apr 23) as sources said Opec+ would consider accelerating its oil output increases in June, but losses were curbed following a report that US ...

Oil prices bounced back as equity markets staged a recovery on Tuesday, though concerns persist over economic headwinds from ...

Oil prices rose on Tuesday as investors took advantage of the previous day's losses to cover short positions, though concerns ...

Chinese refiners are importing record amounts of Canadian crude oil after slashing their purchases of U.S. energy products by 90% amid an ...