Several independent refiners in China have halted operations due to rising taxes on imported feedstock, squeezing their profits.

Under the new tax regime, refiners receive rebates at roughly 50%-80% of the 1,218 yuan ($167.18) per metric ton consumption ...

Russia's overall crude oil exports fell in 2024 despite increased shipments to China as Western sanctions forced a shift in ...

Investing.com – US stock index futures slumped Monday, with the tech sector hard hit as investors weighed the implications of ...

In currencies, the dollar jumped 0.3% against the Chinese yuan in offshore trading, and rallied 0.4% versus the Aussie and ...

Chinese industrial profits show commodities producers ending 2024 at the bottom of the pile. This year’s looking no better.

Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.

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

The 47th US President's speech on January 20 has provided crucial clues to India on how to deal with its biggest trading ...

President Trump's tariffs on imports from Mexico, Canada, and China are set to affect Texas industries, with significant ...

China is responding to Trump's energy-centric executive actions with a global diplomatic blitz. China courts the Middle East without push back from Washington.

SINGORE, - Global shares rose on Friday buoyed by the prospect of a softer stance on tariffs on China and lower U.S. rates ...