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

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

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

The U.S. Treasury on Thursday announced new sanctions on an international network of individuals and companies accused of ...

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

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

The sanctions target entities and individuals in China, India and the United Arab Emirates, as well as several vessels.

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

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

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits ...

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