The Ukraine war is stirring tensions in the Middle East, where two old US allies are questioning their ties because Joe Biden wants to resurrect a nuclear deal with Iran

Saudi Arabia, UAE and Qatar—key members of the Organization of the Petroleum Exporting Countries—have remained hesitant to increase oil and gas exports

China's leading new-energy vehicle manufacturer says BYD's auto business will focus on pure electric vehicles and plug-in hybrid electric vehicles

International Energy Agency members gave the green light to an unspecified coordinated oil release just a day after the US said it would tap into its Strategic Petroleum Reserve

Brent and WTI oil prices fall again after US announces biggest release ever from its Strategic Petroleum Reserve

India and Russia have sealed a rupee-rouble payment mechanism to get around western sanctions because of the war in Ukraine,...

Chinese exports to Russia have been buffeted as the rouble swings in value, clear evidence of the effect Western sanctions over Russia's invasion of Ukraine are having in China

Starting in May, the US will release 1 million barrels per day (bpd) of crude oil for six months from the Strategic Petroleum Reserve

Japan is attempting to balance its need for fossil fuels with toeing a hard line on Russia, and has faced questions over its involvement in the Sakhalin 2 project

Biden orders release of 1 million barrels a day into market over next six months amid war-related price spike

India and Russia have finalised a rupee-rouble payment mechanism to get around western sanctions because of the war in Ukraine, according to industry sources.

The state-owned oil giant said in a prospectus it plans to sell 2.6 billion shares on April 12 and list on the Shanghai Stock Exchange