Crude futures found some support in early trade after Saudi Arabia lifted prices for March loadings of all crude grades it ...

BEIJING: Two giants in China’s oil and refining sector have taken the biggest opposing positions in Middle East crude trading in years, transforming global cargo flows and puzzling oil traders ...

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

China's Unipec booked a further 10 tankers to transport oil from the Middle East, according to fixture data on Wednesday. Since Friday, Unipec has fixed 23 vessels to ship crude from the Middle ...

KOC last year unveiled a giant oil and gas discovery within its Al-Nokhatha offshore field, east of the Kuwaiti island of Failaka, Upstream reported. Preliminary estimates at Al-Nokhatha suggested ...

SINGAPORE - Middle East crude oil benchmark premiums surged on Monday to their highest since October 2023, propelled by strong demand from Asia. Chinese and Indian refiners are scouring the globe for ...

Hedge funds are recalibrating their positions in the oil market as geopolitical tensions in the Middle East introduce new uncertainties. The recent escalation of conflicts, particularly involving ...

Oil prices rose in early trading after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China to ramp up pressure on the Middle Eastern country.