China's crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from ...

Oil prices fell on Monday as expectations of U.S. President-elect Donald Trump relaxing curbs on Russia's energy sector in ...

Oil prices were little changed on Monday as expectations of U.S. President-elect Donald Trump relaxing curbs on Russia's ...

China's surplus crude oil eased slightly in December, but the excess surged in 2024 to more than 1 million barrels per day ...

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

In addition, the Securities and Exchange Commission just sued Elon Musk, accusing him of not notifying that agency or ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

The Czech government says the country has boosted its energy security by completing a project to finish its dependence on oil ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...