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 ...

Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...

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 ...

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 ...

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