China Petroleum & Chemical Corp, or Sinopec Corp , said on Friday it processed 2.03% less crude oil in 2024 versus 2023 and ...

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 finished Thursday at their lowest in two weeks after President Donald Trump said he would ask Saudi Arabia and ...

New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up ...

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the ...

China's oil production is expected to remain flat in 2025, while India's oil demand growth outpaces China's amidst a shift in global energy consumption patterns.

It's possible Russia's dark fleet will re-emerge in other forms, with new owners or greater use of ship-to-ship transfers. It ...

China, the world's biggest crude importer, had excess crude oil of about 1.5mln bpd in December, down from 1.77mln bpd in ...

Nigeria needs improved security, improved investment, and a proper regulatory framework to achieve its target of producing 2.06 million barrels ...

China aims to maintain crude production in 2025 little changed from 2024, with output expected to come in above 200 million tons. In 2024, China's total oil and gas output exceeded 400 million ...

Workers perform their tasks at an oil platform in Daqing Oilfield in Daqing, northeast China's Heilongjiang Province, Nov. 25 ...

China's crude oil imports from Russia increased by 1% in 2024, setting a new record compared with 2023. The rise in imports reflects China's preference for discounted Russian supplies amid ...