President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output ...

China's key oil ports are banning sanctioned tankers, potentially curbing Iranian oil imports and raising costs for ...

Global crude oil exports declined in 2024 for the first time since the pandemic due to weaker demand, reshuffled trade routes ...

The incoming administration’s first moves could give insights into Trump’s plans for China. In December, Trump appointed ...

Trade routes have also been reshuffled by startup of the massive Dangote oil refinery in Nigeria, expansion of Canada's Trans ...

Oil prices eased in volatile trade on Monday as some bearish economic news from the United States and Germany offset bullish ...

Oil prices eased about 1% in volatile trade on Monday following some weak economic news from the U.S. and Germany. Earlier in ...

Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China ...

Oil prices rose in the Asian morning session, driven by optimism over China’s potential economic recovery.

China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude ...

Mostly, this challenge has been led by Russia, China, Iran who and North Korea - the so-called “quartet of chaos” - which ...

IT WAS a difficult and challenging year for major commodities in 2024. Brent crude oil peaked at around US$90 per barrel in ...