Beijing continues to defy U.S. sanctions as the leading importer of Iranian oil and the second-largest buyer of Russian crude ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...

Saudi Arabia's crude oil exports to China are set to rise to the highest in more than two years in August, five trade sources said on Friday, as the top exporter seeks to regain market share in the ...

Oil loadings at Russia's Black Sea major terminals of Novorissiisk and Yuzhnaya Ozereevka have been suspended over paperwork ...

China is the world's top oil importer and biggest buyer of Iranian crude. It bought more than 1.8 million barrels per day of Iranian crude from June 1-20, according to ship-tracker Vortexa, a ...

August WTI crude oil (CLQ25) on Tuesday closed down -0.46 (-0.69%), and August RBOB gasoline (RBQ25) closed up +0.0042 (+0.19%). Crude oil prices continued to show weakness on Tuesday after ...

Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.

Oil Futures Lower Ahead of OPEC+ Output Decision 0905 ET – Oil futures are lower with the market widely expecting OPEC+ to raise its output targets by another 411,000 barrels in July.

Brent Crude fell by nearly 10% on Monday, and it’s spent Tuesday hovering below $67 a barrel. But the cost of moving that oil around has been moving in the opposite direction.

Iran is a major producer of oil and also sits on the narrow Strait of Hormuz, through which much of the world’s crude passes. It will go into effect pending a final decision by Iran’s Supreme ...

The largest oil tanker in the world is the FSO Oceania and it's a beast of a ship. The Oceania has a crude oil capacity of 3 million barrels.