China’s CNOOC has inked a deal for exploration at an oil field in central Iraq, the company said today. The deposit, Block 7, will be managed by a fully owned subsidiary of the Chinese company ...

China will become crucial for global oil demand trends even after growth peaks in the transport sector, according to commodity major Vitol. The reason for the continued role the country would ...

Crude oil and gasoline prices today are under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also ...

In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced technology, cost-efficiency, and comprehensive service support, especially for ...

SINGAPORE, Nov 11 (Reuters) - Saudi Arabia's crude oil supply to China is set to fall to about 36.5 million barrels in December, trade sources said on Monday, on weak demand from the world's ...

Oil fell after Chinese stimulus measures disappointed speculators, but not enough to jolt prices from the narrowest trading band since July. West Texas Intermediate traded in a roughly $3 range ...

It said the Chinese ship disrupted an Indonesian oil and gas company surveying the waters. China claims almost the whole sea as its own territory, which its neighbors and the West dispute.

Oil imports into China sank again last month, highlighting soft consumption in the largest buyer just as traders weighed the implications of Donald Trump capturing the White House and potential ...

Oil prices remain rangebound, with resistance at $72.92 and downside risks toward $63.46 if support fails. China’s oil demand remains weak as refinery throughput drops for the sixth month ...

Baghdad (IraqiNews.com) – The government-owned Midland Oil Company (MOC) in Iraq signed an agreement with China National Offshore Oil Corporation (CNOOC) to start exploring for oil and gas at ...

But a tougher stance on Iran also means cracking down on China, which does not recognize U.S. sanctions and is the Islamic Republic's biggest oil customer. "The million-dollar question is how much ...