MILAN (Reuters) -Italian tyre maker Pirelli is in a risky situation after its Chinese leading shareholder Sinochem rejected a ...

A leading Chinese investor in Italian tyre maker Pirelli said on Thursday a proposal the company had put forward to solve ...

Saudi Arabia's oil exports to China are expected to maintain a year-high of 48 million barrels in June, driven by OPEC+ ...

Saudi Arabia's crude oil supply to China will hold steady in June after hitting the highest in more than a year in the ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...

ConocoPhillips (NYSE: COP) has spent several years building a low-cost oil company. It has sold off higher-cost assets and recycled the capital to expand its lower-cost resources. The result is an ...

East China-based independent refiner Hongrun Petrochemical plans to restart its recently-acquired Changyi Petrochemical site as early as this month, four trade sources said on Friday.

PARIS, France – Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and growing fears that US President Donald Trump’s trade ...

Equinor ASA EQNR, the Norwegian energy major, has signed a significant agreement to sell its 60% operated interest in Brazil's Peregrino oil field to PRIO Tigris Ltda., a subsidiary of Brazilian oil ...

Trump claims — again — he brought gas prices "down to $1.98 in many states." Analysts have said low oil prices could be a sign of looming economic trouble. Michigan gas prices jumped up in the ...

The items members are either buying in bulk or planning to stock up on include coffee, olive oil — 97% of which is imported — laundry detergent, pet food, liquid soap and toilet tissue.

President Trump on Thursday threatened to slap secondary sanctions and cut off business with foreign countries that purchase Iranian oil products, hours after planned nuclear talks with Tehran ...