Independent refineries in China, often called teapots, raised their run rates in March in a positive sign for oil demand from the world’s largest importer but worry remains about the immediate ...

(Reuters) -China escalated the global trade conflict on Friday by imposing an additional 34% tariff on U.S. goods, following President Donald Trump's sweeping tariffs. Crude prices, already under ...

SINGAPORE, April 7 (Reuters) - Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand and supply risks ...

The China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered a major oilfield in the eastern South China Sea, with proven reserves exceeding 100 million tonnes.

The price of the U.S. crude that gets exported to China is falling more than the rest of the oil market. Chinese buyers are expected to cut imports of this type of oil after Beijing imposed 34% ...

China announced Monday the discovery of a crude oil reserve estimated at 100 million tons in the northeastern part of the South China Sea, according to a statement from the China National Offshore ...