On Monday, March 24, the US announced 25% tariffs on countries buying oil from Venezuela, thereby targeting Beijing.

Donald Trump sparked some bullish sentiment in oil markets this week by putting sanctions on Venezuela - threatening global supply of heavy oil.

As it stands, Breakwave said Saudi Arabia is in a position to reclaim market share amid tepid Chinese oil demand, production ...

Ukrainian prisoner of war Vitaliy Mirinevskiy has made shocking revelations after surrendering to the Russian military. In a ...

Iraq's oil minister has claimed "Iranian oil tankers" are using forged Iraqi documents. Hayan Abdel-Ghani told state ...

A major controversy has erupted between Iraq and Iran over illegal oil smuggling. On March 24, Iraq’s Oil Minister Hayan ...

Oil prices were little changed on Tuesday as markets weighed the impact of newly announced US tariffs on countries that buy ...

TEHRAN: Iran said on Monday it was open to indirect talks with the United States, after President Donald Trump had demanded negotiations for a new nuclear deal.

Iraq's oil minister Hayan Abdel-Ghani has said that Iranian oil tankers seized by U.S. forces in the Gulf were using forged ...

MOSCOW, March 24. /TASS/. The first batch of fuel oil totaling about 30,000 metric tons was evacuated from the Koala tanker after the explosion in her engine room in the port of Ust-Luga, the Federal ...

Iraq's oil minister Hayan Abdel-Ghani has said told state television that Iranian oil tankers stopped by U.S. forces in the ...

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