Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak.

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the world’s biggest oil producer Saudi Aramco ...

The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution — when they ...

(Bloomberg) -- Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy ...

WTI crude oil (CLJ25) today is down -0.61 (-0.90%), and April RBOB gasoline (RBJ25) is up +0.0004 (+0.02%). Crude oil prices ...

PARIS] Global oil demand is under pressure from the escalating trade war at the same time that Opec+ is reviving output, ...

(Bloomberg) -- Oil fell as signs that US President Donald Trump’s escalating trade war may hamper economic growth contributed to a bearish outlook for global demand. West Texas Intermediate slid ...

Weekly vessel-tracking data from Bloomberg showed Russian crude exports fell by -45,000 bpd to 3.48 million bpd in the week to March 9. Crude oil demand in China has weakened and is a bearish ...

0930 GMT – Growing concerns over demand are weighing on the oil market’s outlook amid OPEC+ ... according to a Bloomberg survey, and the group has now decided to unwind output cuts starting ...

(Bloomberg) -- Oil slumped along with equity markets as US consumer confidence tumbled, adding to mounting concerns that US President Donald Trump’s policies will hamper economic growth and sap energy ...

Concern about U.S. President Donald Trump’s threats to impose tariffs on U.S. imports of Canadian oil is waning as the duties’ start date keeps getting pushed back, strengthening local crude prices.