Chinese-built supertankers transporting oil into the United States could be forced to pay fees of up to $5.2 million per each port call, according to new guidelines announced by the Trump ...

"Teapot" is an industry term for small independent oil refiners. Sign up here. The U.S. Treasury Department said in a statement the action would increase pressure on Chinese importers of Iranian ...

HOUSTON (Reuters) -Oil prices settled slightly higher on Monday on exemptions for some electronics from U.S. tariffs and data showing a sharp rebound in China's crude imports in March, but gains ...

(Bloomberg) -- Chinese refiners are importing record amounts of Canadian crude after slashing purchases of US oil by roughly 90% amid escalating trade tensions. A pipeline expansion in Western ...