China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Oil prices edged higher but remained near a two-week low on Tuesday, as weak economic data from China and rising temperatures ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek's low-cost ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

It is also shaking oil markets. Analysts predict oil demand may be peaking in China — flipping from increasing demand to declining — but the impacts go far wider. As the world’s biggest oil ...

Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas ...

Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil ...

Simply sign up to the Oil myFT Digest -- delivered directly to your inbox. Amin Nasser, the head of Saudi Aramco, the world’s largest oil company, has always had one special customer: China.

Oil prices hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere ...