Oil rallied on Tuesday as plans for a meeting between the U.S. and China offered a hint of progress in the trade war dividing the world’s two biggest economies.   Read Article  +

Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.   Read Article  +

In recent years, world oil prices have been more or less stable, gently rising or falling according to the professed needs of OPEC, the Organization of Petroleum Exporting Countries. But things could now be headed for a major change.   ...  +

In recent years, world oil prices have been more or less stable, gently rising or falling according to the professed needs of OPEC, the Organization of Petroleum Exporting Countries. But things could now be headed for a major change.   ...  +

Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.   Read Article  +

Russia's biggest oil tax overhaul in decades is having a profound impact on its refining sector, forcing operators to upgrade their plants or risk being forced out of the market. The changes introduced this year have also put pressure on...  +

Russia's biggest oil tax overhaul in decades is having a profound impact on its refining sector, forcing operators to upgrade their plants or risk being forced out of the market. The changes introduced this year have also put pressure on...  +

As recently as a year ago, the oil market was in a panic about changes to the kind of fuel that ships must burn.   Read Article  +

As recently as a year ago, the oil market was in a panic about changes to the kind of fuel that ships must burn.   Read Article  +

Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have to comply with rules that should dramatical...  +