Chinese refiners have canceled Russian oil cargoes and paused new purchases after fresh U.S. sanctions, reshaping trade flows and pushing Russian crude prices lower.

The summit between Chinese President Xi Jinping and his American counterpart Donald Trump was a breakthrough in bilateral relationship where the Asian giant was treated as an “equal partner” of the US ...

Eight member countries of the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ coalition, including major oil-producing nations, were reported on the 3rd to have significantly ...

Chinese oil refiners are shunning Russian shipments after the US and others blacklisted Moscow’s top producers and some of ...

US Energy Secretary Chris Wright said he expects US nuclear-weapons testing sought by President Donald Trump to stop short of ...

OPEC+ will pause output increases during the first quarter — after making another modest hike next month — as the group ...

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

OPEC+ has raised output targets by more than 2.7 million barrels per day - about 2.5% of global supply - since April but ...

OPEC+ members are set to approve another small output hike for December when they meet online on Sunday, according to ...

A massive Ukrainian drone attack on Russia’s Black Sea region left an oil tanker ablaze and damaged oil-loading facilities in the port city of Tuapse — home to a key Rosneft r ...