Saudi Aramco and Iraq's SOMO have suspended crude sales to India's Nayara Energy following EU sanctions on the Russian-backed refiner. This...

The refiner purchased 2 million barrels of Upper Zakum crude, 1 million barrels each of Basra Heavy and Nemba crude, they said.

Southern Iraq is home to most of Iraq’s oil industry and the protests have reached Basra.

Mangalore Refinery and Petrochemicals Ltd has bought its first cargo of Iraqi Basra Heavy crude from Royal Dutch Shell via a tender

Margins on petrol were nearly $9 a barrel higher than diesel's; RIL had switched its production of petrol from 20% to 24%, says Irani.

All set to marry Geeta Basra, the bowler has commissioned Raghavendra Rathore to design his clothes.

While the overall market sentiment was dampened by the weakening global outlook, the stock surged 4.52% to hit its day’s high of Rs 54.30.

OPEC's No. 2 producer has little choice, since its drive to boost production - which hit a record 3.15 million barrels per day last year.

After suffering from terror, non-payment and starvation for several months, a group 25 people of West Bengal have returned to their home st...

OPEC's reference crude oil basket price rose further to $72.86 a barrel on Thursday from $71.15 the previous day.

OPEC's reference crude oil basket price rebounded to $44.48 a barrel on Monday from $42.56 the previous day.

OPEC's reference crude oil basket price dropped further to $55.90 a barrel on Tuesday from $56.80 the day before, OPEC said on Wednesday.

Sporadic overnight clashes between Shiite militiamen and US and Iraqi forces in Baghdad's Sadr City killed at least eight people, including...

Oil fell toward $100 on Tuesday, extending losses from the previous session as a strengthening US dollar triggered a wide sell-off across c...