The Ministry of Petroleum defended the Ethanol Blended Petrol Programme against criticisms. It stated petrol prices would have risen signif...

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

The Indian rupee finished Friday on a strong note, marking its most significant weekly increase since March, thanks to continuous support f...

European shares hit a record high on Friday as a rally in technology stocks, easing crude oil prices and upbeat corporate earnings lifted i...

A drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...

The Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensi...

Soaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...

American refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...

India is rushing to secure alternative edible oil supplies as Black Sea attacks disrupt sunflower oil shipments from Russia and Ukraine, ca...

Several key market warning indicators are approaching crisis levels now. Elevated oil prices and geopolitical uncertainty fuel inflation co...

Crude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...

Asian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...

European stock markets gained as tensions eased between the United States and Iran. A sharp decline in oil prices supported sectors sensiti...

Japan's Nikkei share average closed higher on Monday, boosted by lower oil prices. Investors remained cautious due to upcoming major earnin...

Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treas...

Global bond yields remain near multi-decade highs as inflation worries persist. Stock markets found scattered relief as oil prices pulled b...

Asian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...