Crude prices recovered Friday as hopes emerged that Hungary could utilize Russian oil following a meeting between President Trump and Prime...

Oil prices saw a slight increase on Friday, breaking a three-day slump. Concerns over excess supply and weakening demand in the United Stat...

India's oil demand is expected to surpass China's this year. This excludes China's strategic stockpiling. Urbanization and rising incomes a...

New sanctions targeting buyers of Russian oil could significantly disrupt crude flows, according to Gunvor's Frederic Lasserre. President T...

U.S. crude oil exports to India surged to their highest level in over two years, reaching about 357,000 barrels per day in February. This i...

The shift comes as forecasters turn increasingly bullish on copper, aluminum and other metals, where long-anticipated production shortfalls...

Exclusive-Major traders, banks cut business ties with Russia-backed Indian refiner -sources

Nayara per se has not been sanctioned as part of the international response to what Russia calls its "special military action" against Ukra...

State-run refiners such as Indian Oil Corp. are warming to the idea of buying from the lesser-known traders. Refinery officials said they’v...

A decade ago, Paksitan took specific steps to insulate itself from the kinds of violent price spikes that are roiling the market today. It ...

"Banks are not willing to open LC’s for the moment so it is a bit of a standoff," one of the sources said. He asked not to be named due to ...

About $250 million of textiles exports were lost last month after mills in Punjab were forced to shut for 15 days.

Consensus is that the industry benefited from a lucky mix of factors in the oil market.

Cyber-crime is also an increasing threat as fraudsters become more sophisticated, according to Collins at TradeCloud, which uses blockchain...

The maneuvering by Pak came after 2 yrs of negotiations hit an impasse as Qatar refused to lower its offer price.

Credit Suisse in a note released last August said that GAIL might have to bear an annual loss of $300 million due to the US LNG contracts.

Oil prices are likely to stay around current levels "for the next two years,” said Christoph Ruehl, chief economist at the $800 billion Abu...