Global oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...

Brent oil futures were trading around $108 per barrel on Thursday, off their wartime highs of $126 per barrel, but still significantly abov...

Saudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets....

International Energy Agency head Fatih Birol warned that commercial oil inventories are rapidly depleting, with only a few weeks of supply ...

Iran welcomes India's efforts to bring peace to West Asia. The nation is creating a new framework for ships passing through the Strait of H...

Fossil fuel advocates have unwillingly given a boost to renewable energy as the war in the Middle East has triggered an oil price shock, UN...

The United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...

A major oil supply disruption is underway due to the US-Israeli war with Iran and the closure of the Strait of Hormuz. This event is the wo...

Japan has started releasing its strategic oil reserves. This move follows an International Energy Agency agreement to tap stockpiles. The r...

The International Energy Agency has announced its largest-ever oil release of 400 million barrels to combat soaring crude prices, driven by...

In a bid to curb soaring crude prices amidst Middle East tensions, the International Energy Agency is reportedly planning its largest-ever ...

Energy ministers of the G7 said on Wednesday they "stand ready" to take "all necessary measures" in coordination with the International Ene...

India's bid to join the 31-nation International Energy Agency as a full member has commenced discussions with ministers from member countri...

Half the volume will come from the United States.

"As a natural corollary to the India IEA strategic partnership, Dr Birol invited India to deepen its cooperation with IEA by becoming a ful...

This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of IEA,...

"We hope that after this signing ceremony, the potential pathways to eventual membership will be closely looked into from both sides — New ...