U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.

"In our opinion, oil prices have fallen too much in the last three weeks. The U.S. tariffs of 10% on goods imports from China and the Chinese counter-tariffs of 15% on crude oil imports from the U.S.

Chinese refiners are being offered Russian ESPO crude at discounted prices as rising concerns over U.S. sanctions create ...

Russia has urged India to continue its oil trade despite the recent imposition of US sanctions on Russian oil exports.

Saudi Arabia's crude oil supply to China is set to slide in March from the prior month, trade sources said on Tuesday, after ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.

Oil edged higher in early Asian trade. Crude oil has rebounded recently amid signs of tightening supplies, ANZ said.

Oil prices climbed on Monday despite the real threat of a global trade war erupting after U.S. President Donald Trump ...

Oil futures rose Monday, finding support after three straight weekly declines that took crude to its lows of the new year.

The first return volley in a new trade clash between China and the United States was fired on Monday as Beijing’s tariffs on ...

Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...

Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S. inventories and worries that the Trump administration's higher tariffs on ...