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Energy
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Last updated about 19 hours ago
How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher
about 21 hours ago
China and the U.S., the world's two largest economies, wield great influence...
China will buy more U.S. oil because it is a natural trade partner, says Energy Secretary Wright
about 22 hours ago
China relies heavily on crude oil imports from the Middle East but...
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
1 day ago
The second pipeline project comes as global energy supplies remain under pressure...
CIA chief makes historic trip to Cuba as US blockade chokes island's energy supplies
1 day ago
The U.S. has been restricting oil shipments to Cuba since January, plunging...
Oil prices jump after Trump says China agreed to buy U.S. crude following Xi talks
1 day ago
Oil prices rose Friday on news that China has agreed to purchase...
China will work behind the scenes to help reopen the Strait of Hormuz, Bessent says
2 days ago
President Trump held talks with President Xi during a two-day summit in...
Venezuela embarks on $150 billion restructuring of debt amid political turmoil
2 days ago
Venezuelan officials said they wanted to “free the country from the burden...
Iran war fallout forces Singapore Airlines-backed Air India to cancel 27% of international flights
2 days ago
Air India, a carrier co-owned by Tata Group and Singapore Airlines, plans...
Cuba says oil and diesel supplies have run dry under U.S. sanctions
2 days ago
A Cuban official said the situation is “extremely tense” as blackouts sparked...
Oil struggles for direction as IEA flags greater volatility ahead, OPEC cuts demand forecast
2 days ago
OPEC cut its demand growth estimates for 2026 to about 1.2 million...
OPEC sees slower demand growth this year as production falls more than 30% on Hormuz closure
3 days ago
Global demand is facing constraints because supply from the Persian Gulf has...
Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"
3 days ago
The IEA's oil market report for May noted that global oil supply...