The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Commodity trading house Gunvor's global head of crude trading Benoit Roulon has left the company, four sources familiar with ...
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...