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 ...

The dollar rose after U. S. President Donald Trump slapped Colombia with retaliatory levies and sanctions for turning away ...

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

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.

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

The BOJ raised interest rates to their highest since the 2008 global financial crisis, with attention now shifting to any ...

Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures ...

Crude oil output reached 213 million tons last year, nearing historic peaks, while natural gas production rose to 246.4 billion cubic meters, marking the eighth consecutive year of an annual increase ...