China has struck black-gold after discovering 100 million tons of oil beneath the seabed. A major oilfield, called Huizhou 19 ...

CNOOC has discovered a new oil field, Huizhou 19-6, in the South China Sea, estimated to contain over 100 million tons of ...

China's oil consumption will rise 1.1% in 2025 to 765 million metric tons amid better than expected economic growth and ...

The latest measures, which for the first time targeted China's independent "teapot" refineries, signaled Washington's growing pressure on Beijing's role in the Iranian oil trade. Newsweek has ...

President Trump announced new 25% tariffs on countries buying oil from Venezuela, affecting nations like China and India.

SINGAPORE (Reuters) - Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S. President Donald Trump's order threatening tariffs on countries buying from Caracas created fresh ...

March 20 (UPI) --Federal officials have sanctioned a Chinese oil refinery, as well as an oil storage facility and their owners to cut off Iranian revenues from illicit oil sales that violate ...

China's rapeseed meal, oil futures surge after Canada tariffs Analysts expect the rally to be short-lived Zhengzhou commodity exchange raises minimum order size to reduce price fluctuations ...

(Bloomberg) -- Successive rounds of sanctions on companies and tankers said to be aiding Tehran are finally slowing the flow of Iranian oil to China, as costs rise and more traders are compelled ...

BEIJING (Reuters) -Zhengzhou rapeseed meal and oil contracts jumped on Monday, the first day of trade since China decided to impose 100% tariffs on imports of those products from Canada. The ...