Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.

Palm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced ...

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep ...

Crude oil futures slip as prices struggle at $63.06 resistance; weak demand, rising OPEC supply, and trade tensions drive ...

As of 9:28 a.m. EDT on Thursday, the U.S. benchmark, WTI Crude, was up by 0.95% on the day and traded at $62.86. The ...

America’s loss of dominance in mining to China was not inevitable—nor is its renewal. President Trump’s recent executive ...

On Friday, reports emerged that China quietly rolled back tariffs on some US semiconductors, easing pressure on its tech ...

"For oil producers like Nigeria, falling oil prices create additional pressure on their budgets. On the other hand, for the oil importers, this is a breath of fresh air," Ms Georgieva said.On Thursday ...

US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil field development in the western Pearl River Mouth Basin in South China Sea.

Oil prices recovered some losses on Thursday, with investors weighing a potential OPEC+ output increase against conflicting ...