India's diesel exports to Southeast Asia hit a seven-year high in March, driven by traders covering short positions and refiners capitalizi...

Oil prices have fallen for a third consecutive day, driven by expectations of increased supplies from Libya and the OPEC+ group. Brent crud...

Oil prices increased on Friday, yet were poised for a fourth consecutive weekly drop, driven by weaker global fuel demand as indicated by r...

Goldman Sachs analysts expect Brent to rise to $86 a barrel in third quarter, saying in a report that solid summer transport demand will pu...

Oil prices slipped on Monday due to a stronger dollar and delayed interest rate cuts following strong U.S. jobs data. Developments in Iraq,...

In order to reap record margins, India, the world's No. 3 oil importer, has ramped up imports of cheap Russian oil and increased oil produc...

The rare uptick has been driven by a need to cover local shortfalls even as India has emerged as a top buyer of shunned Russian crude follo...

This time it's not as bad as April 2020, when demand nearly halved. This time round, more factories have remained open and cargo movements ...

Both Brent and WTI are on track for a second weekly gain as easing restrictions on movement in the United States and Europe.

"The market is tending to focus more on the bad news from India and Japan at present, where the number of new coronavirus cases has risen s...

While demand for the motor fuel has been resilient during the pandemic as people shunned public transport in favour of their own cars and m...

Middle East oil tends to yield more diesel, while crude from the North Sea, West Africa and US shale fields usually produce more LPG and ga...

Used in factories, construction and agriculture as well as powering the truck and bus fleets, diesel is a bellwether of industrial activity...

LPG -- used for cooking at home in India and other Asian countries -- has avoided the collapse in consumption.

There’s increased scrutiny on the tricks being used to keep commodities flowing to and from blacklisted countries.

It all boils down to the sanctions and how much the US wants to push Iran, says Brown.

Brent crude futures climbed 30 cents, or 0.4 per cent, to $77.13 a barrel.