President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...

Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil ...

When the economy slows down, the price of oil tends to fall. But this time, OPEC+ is increasing production despite weak ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

Chinese state-owned oil giant CNOOC Ltd., which stands for China National Offshore Oil Corporation, has followed through on ...

The Trump administration is following through on a threat to add a 50% tariff on Chinese goods, in addition to 34% reciprocal ...

China's largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted 150 million metric tons of oil and gas equivalent from formations deeper than 6,000 meters so far, as China's ...

Oil futures fell to a nearly four-year low in a second day of heavy selling after China retaliated against U.S. tariffs with duties of its own, adding to concerns about a loss of demand. WTI fell 7.4% ...

(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 ...

Crude oil futures plunge for a second day on Friday, sinking to the lowest in four years during the depths of the COVID-19 pandemic, after China announced a retaliatory tariff of 34% on U.S. imports ...

Ecuador’s exports to China are rising fast—explore key drivers, the impact of the FTA, and what’s next for bilateral trade ...

In a major success to China’s economy, the China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes ...