Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

China's fuel demand may peak sooner, which will reduce profit margins and force the closure of older and less efficient oil ...

China’s state oil companies and large private refiners are snapping up crude cargoes from the Middle East and elsewhere, ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight ...

SINGAPORE (Reuters) -Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending ...

When Trump ventured a comment about foreign policy, people scoffed. What did he know! But he was right on every major issue.

Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...

For Moscow, Iranian President Masoud Pezeshkian's visit to Russia on Jan. 17 is a diplomatic victory. The trip's centerpiece ...

An early barometer of how the Trump team tackles sanctions on Russia will come in mid-March when a general license permitting ...