Crude oil

Chinese refiners' 2025 oil imports, December inflows both hit record highs

Vietnam's Nghi Son refinery processes first batch of non-Kuwaiti crude oil

Opinion: Win or lose, Trump’s fossil fuel gamble crowns China the clean-energy king

Beijing’s latest five‑year plan underscores its drive for self‑reliance in energy, critical minerals, and advanced technologies such as semiconductors and artificial intelligence.

Venezuelan oil exports to China set to drop as U.S. blockade limits cargoes

The number of oil tankers departing Venezuela for China has fallen sharply after U.S. President Donald Trump imposed a blockade in December on sanctioned ships transporting Venezuelan oil, part of its pressure campaign on Venezuelan President Nicolas Maduro that culminated in a U.S. military incursion that captured him.

China's heavy reliance on Iranian oil imports

Beijing, which is also the biggest buyer of oil from Venezuela and a top importer of oil from Russia, has used purchases from the three countries facing various Western sanctions to save billions of dollars on its import bill in recent years.

Venezuela begins reversing oil output cuts as exports resume

The OPEC country's oil exports had remained almost at a standstill since December, with only U.S. Chevron exporting crude from its joint ventures under a U.S. authorization, leaving millions of barrels stuck in onshore tanks and vessels.

Carlyle, Chevron-Quantum partnership among frontrunners for Lukoil assets

Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery

The global commodities traders confirmed on Friday they had struck agreements with the U.S. government to help market stranded Venezuelan oil, days after the interim government in Caracas agreed to export up to 50 MMbbl of crude oil to the U.S.

India's Reliance in talks for U.S. permit to buy Venezuelan oil

Reliance's representatives are in discussions with the U.S. State and Treasury departments to obtain the authorization, the sources said, as Washington and Caracas progress in negotiations to ship 50 MMbbl of oil in the aftermath of the U.S. capture of President Nicolas Maduro.

Serbia's Russian-owned NIS refiner buys first crude since U.S. sanctions waiver

Washington imposed sanctions on NIS in October as part of broader measures targeting Russia's energy sector over Moscow's war in Ukraine.