Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...

Iran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...

Russia is strengthening its role as a key energy partner for India, supplying about half of its oil imports, with crude purchases exceeding...

The Russia-Ukraine conflict has also delayed about 60,000 tons of sunflower oil bound for India, prompting Indian buyers to step up palm oi...

The EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...

Chinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...

The US stock market finished on a high note, buoyed by stabilizing crude prices and easing Treasury yields, offering much-needed relief to ...

China is accelerating oil and gas exploration in ultra-deep and offshore reserves to strengthen domestic energy supplies amid global market...

Bharat Petroleum Corp. plans to raise up to $3 billion through international bonds, mainly funding its $2.8 billion contribution to Brazil’...

Seven major OPEC+ producers agreed to keep November crude output unchanged as the Iran conflict disrupted supplies and pushed Brent above $...

Indian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...

G7's recent decision to release 100 million barrels of oil from reserves is unlikely to significantly alleviate fuel inflation as it overla...

Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refi...

India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...

Baker Hughes (BHI) reported that the US oil and gas rig count decreased by one to 598 for the week ended October 2. It was the first decrea...

Oil prices fell today as G7 countries moved towards releasing up to 100 million barrels of diesel and crude reserves over four months. Bren...

In July, US crude oil production climbed to 13.95 million barrels per day, up from June’s figures. Despite the production surge, the demand...