Goldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...

Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...

Oil prices saw a slight rebound on Tuesday after earlier declines. Concerns over Middle Eastern supply remain high due to U.S.-Iran tension...

Russian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...

The government has decided to raise the windfall tax on fuel exports, now charging Rs 3.5 per litre for petrol and a steep Rs 24 per litre ...

War-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...

Oil prices dropped significantly on Monday after President Trump paused new Iran attacks. He seeks a swift agreement to halt Tehran's nucle...

OPEC+ approved an oil production increase of 188,000 barrels daily for September. This move completes the unwinding of voluntary output cut...

OPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...

Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...

India's economy is projected to grow strongly in the Asia-Pacific region. Higher oil prices and global slowdown pose significant risks to t...

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

Reliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...

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...

Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US We...

Shipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...