The Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...

Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...

Brent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...

Oil prices rose significantly as Iran and the United States exchanged compensation demands. Prospects for reopening the Strait of Hormuz di...

Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...

Oil prices surged on Monday amidst growing uncertainty about the reopening of the vital Strait of Hormuz. Iran indicated that negotiations ...

Iran's Revolutionary Guards will not reopen the Strait of Hormuz until its conditions are met. These demands include compensation for war d...

Iran issued new demands for the Strait of Hormuz reopening and the UAE reported an Iranian missile attack. Yemen's military launched attack...

Iran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongo...

An ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, ...

India's rapid economic growth positions it as a key partner for the UAE. The two nations are enhancing trade and industrial collaborations ...

Larsen & Toubro's offshore business secured a major order exceeding fifteen thousand crore rupees. This prestigious contract comes from Adn...

L&T Energy Hydrocarbon Offshore (LTEH Offshore) has won an ultramega offshore contract worth over ₹15,000 crore from ADNOC Offshore in the ...

US Iran war: A Saudi crude tanker carrying 2 million barrels is headed to Sikka port where Reliance Industries receives most of his cride o...

Abu Dhabi National Oil will alter its crude oil pricing methods starting November first. All Adnoc crudes will now use a regional Dubai ben...

Producers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...

A QatarEnergy LNG tanker exited the Strait of Hormuz, the first since July 11. Ship transits through the Hormuz waterway increased on Wedne...