Oil prices have dropped following the revival of discussions between Iran and Oman regarding the management of the Strait of Hormuz. The lo...

Oil prices dropped significantly as traders viewed new US sanctions on Iran less severely. Brent crude and West Texas Intermediate both rea...

India is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...

Asian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...

Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both ...

On Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctio...

Shipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...

Indian government bonds remained steady as traders awaited oil price movements. US sanctions on Iran could impact global crude prices signi...

US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impo...

The oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...

Crude oil Price today: An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. Pr...

India is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...

Abu Dhabi National Oil Company is offering spot crude oil in a tender. This tender is for Upper Zakum, Umm Lulu, and Das crude oil. Bids ar...

China's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...

India crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data ⁠from ⁠the Petroleu...

Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and ...

Indian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to hig...