Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

The sanctions have affected one very-large crude carrier (VLCC) and two Aframaxes that the Treasury Department said helped ...

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.

Oil and gas traders are likely to request tariff exemptions from Beijing, according to a Reuters report. The Chinese ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

President Donald Trump on Friday reinstated a tariff loophole for small-value packages from China that was eliminated as part ...

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

Tariffs help spur U.S. manufacturing by discouraging U.S. companies from importing goods made in countries with low ...

Crude oil futures edged higher Friday but fell for a third consecutive week, as the market grappled with complications from President Trump's postponed tariffs on oil from Canada and Mexico, Chinese ...

Judge Carl Nichols of the U.S. District Court for the District of Columbia, a 2019 Trump appointee, said after a hearing that ...

Learn about the significant risks facing the U.S. economy, including mounting debt and geopolitical tensions, and the ...