Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

Oil prices rose for a second day on Tuesday as fresh U.S. sanctions imposed on Middle Eastern producer Iran increased ...

Crude oil futures ticked lower as market participants worried about the effect that President Trump's trade policies could ...

To date, the United States has focused on front companies and vessels involved in illicit oil trade, but it could go much further.

Iran. More than a dozen countries make gasoline at state-owned refineries. Could California be next on the list? California policymakers are considering state ownership of one or more oil ...

"Energy Information Administration (EIA) data shows that US commercial crude oil inventories increased by 1.45m barrels over ...

Oil prices rose for a second day on Tuesday as fresh U.S. sanctions imposed on Middle Eastern producer Iran increased ...

In recent weeks, shipments have been disrupted by a spate of seller defaults, according to executives at Chinese private refineries ... willing to move Iranian oil from Malaysia to China was ...

Ships are seen anchored in front of a refinery on Singapore's Bukom Island ... This mechanism could enable foreign governments to target Iran's oil shipments at Washington's request, one of ...

The event is being held at a time when U.S. President Donald Trump has triggered tariff wars with the country’s biggest ...