During the past several years, global supply chains have been stretched to the limit by a worldwide pandemic, confusing trade ...

Prompt Brent crude futures' discount to the six-month contract reached its deepest since December 2023 on Monday, reflecting ...

Oil edged lower in early Asian trade. U.S.-China trade tensions have driven down oil prices, Rystad Energy said.

Generally, selling more than buying is considered a good thing. A trade surplus means the things the country produces are in high demand, which should create lots of jobs and fuel economic growth.