Indonesia has identified potential fines amounting to $8.5 billion that the government could collect in 2026 from palm oil ...

Oil prices rose slightly for a sixth day on Wednesday, supported by robust U.S. economic growth and the risk of supply ...

Venezuela has accused the United States of the "greatest extortion" at an emergency session of the UN Security Council in New ...

President Donald Trump said Monday that the U.S. is still actively pursuing an oil tanker linked to Venezuela, but that he's ...

A 27-year-old crude tanker that was supposedly scrapped in 2021 is due to reach Venezuela late this week, according to ...

The bill — introduced, debated and approved within two days — follows U.S. forces' seizures this month of two tankers ...

Urals crude tumbled to about $34 a barrel at the point of export last week, a deep discount to international benchmarks.

Gold and gold equities have outperformed significantly since 2022, but market leadership is now shifting toward the energy ...

Russia’s crude exports hit the highest in over 2 ½ years, but delays in offloading cargoes saw another jump in oil held on ...

BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division Castrol to a US investment firm. The oil giant sold a 65% stake in Castrol, which makes lubricants for cars, ...

Crude oil prices had skidded to early-2021 lows last week as expectations of a peace agreement between Russia and Ukraine ...

China has ample reason to oppose the build-up of American military might in Caribbean Sea –and the recent US interceptions of tankers hauling Venezuelan oil.