Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.

The sanctions have affected one very-large crude carrier (VLCC) and two Aframaxes that the Treasury Department said helped ...

Singapore has had at least five incidents of oil spilling into its waters since June 2024, with the latest one on Feb 5. Read ...

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

U.S. and global oil futures declined on Thursday as a hefty rise in last week's U.S. supplies and uncertainty surrounding tariff disputes helped to weaken the outlook for crude demand, prompting ...

Saudi Aramco, the world's largest oil company, on Thursday said it had significantly raised the price of physical crude for Asian buyers. Aramco raised the March price of its flagship Arab light crude ...

The US has imposed a fresh round of sanctions on Russia’s energy sector in a bid to cut its oil revenue. The crucial question ...

The U.S. Postal Service will continue accepting incoming international parcels from China and Hong Kong after previously announcing that it would suspend them.

In cooperation with foreign partners, the EGPC is working to boost its daily production to 565,000 barrels, compared to 475,000 barrels per day at the close of the last fiscal year ...

China accounts for substantial portion of US imports, with any retaliation from Beijing likely to further destabilize global ...

The trade in crude oil, liquefied natural gas and coal between the United States and China is effectively dead after Beijing ...