Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

During his Senate confirmation hearing on Thursday, Scott Bessent, Donald Trump’s choice for US treasury secretary, signalled ...

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on expectations the measures would tighten supplies, according to analysts and LSEG ...

The reported attendance of Vice President Han Zheng will mark the first time a senior Chinese leader has attended a new U.S.

American Express has agreed to pay nearly $109 million in fines related to deceptive marketing and false account allegations, ...

Outgoing Vice President Kamala Harris signed the drawer of the vice president's ceremonial desk at the White House on ...

Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, and OPEC+ will have to carefully navigate through all these to remain a ...

Good afternoon and happy Thursday, readers! The big news of the day is from Doug Burgum’s and Lee Zeldin’s nomination hearings. But there’s also news on the future of Russia sanctions, and more.

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

Scott Bessent, The billionaire money manager from South Carolina took questions from members of the Senate Finance Committee ...