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

Global oil stockpiles are shrinking at a record pace this month, with visible crude and fuel inventories falling by 8.7 million barrels dai...

The U.S. Department of Energy said a record 9.9 million barrels of oil were released from the U.S. Strategic Petroleum Reserve last week, r...

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

Global oil stocks are depleting rapidly. The Iran war is worsening supply disruptions. This situation will continue for months. The market ...

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...

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...

The head of the International Energy Agency declared the conflict between Iran, the United States, and Israel is causing the world's worst ...

Energy output in the Middle East will take about two years to recover from conflict losses. Fatih Birol, head of the International Energy A...

A looming jet fuel shortage in Europe and Asia, triggered by the Iran war and the closure of the Strait of Hormuz, could significantly disr...

Europe faces a critical shortage of jet fuel, with only about six weeks of supply remaining, according to the IEA head. The ongoing Iran wa...

The International Energy Agency forecasts a global oil supply and demand fall due to the Iran war, citing the largest supply disruption in ...

India vs Global Petroleum Oil Reserve Strategy: India is expanding its oil reserves amid global supply concerns. Prime Minister Modi highli...

The oil and gas crisis triggered by Iran’s blockade of the Strait of Hormuz is more severe than the crises of 1973, 1979 and 2022 combined,...

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

India welcomed the International Energy Agency's decision to release 400 million barrels of emergency oil stocks to counter supply disrupti...

India has pledged to support global oil markets by taking appropriate measures, aligning with the International Energy Agency's record 400 ...