Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...

China’s top oil and gas companies are selling off underperforming assets and streamlining operations as part of ongoing ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

The US will not tolerate Iran’s destructive and destabilizing behavior and is today sanctioning an international network that ...

The United States has imposed new sanctions on individuals and entities facilitating the sale of Iranian oil to China, aiming ...

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...

Chinese refiners are looking for alternative supplies to U.S. crude oil after the Chinese government slapped tariffs on U.S. crude in retaliation for Trump’s additional 10% import tax rate on ...

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

China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the ...

The governor of Russia's Pacific island region of Sakhalin has declared an emergency after a Chinese cargo ship ran aground off its southwest coast.