China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down ...

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

The Budget Lab at Yale University estimates Trump’s tariffs would cost the average American household $1,000 to $1,200 in ...

Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

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 ...

Oil and gas traders look set to seek tariff waivers as at least 12 VLCCs head to China with US crude. Trading sources told ...

Oil rose in early trade after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China.

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

“Nevertheless, (today's) oil gains are limited, reflecting persistent concerns over supply and demand headwinds, including ...

Rising trade tensions between the U.S. and China may push U.S. crude exports lower in 2025 for the first time since the ...