Indian markets declined for the seventh consecutive session, with the Sensex falling into correction territory. Concerns over foreign outfl...

Oil prices gained over 2% on Thursday as investors considered the impact of Israel's rejection of a ceasefire offer from Hamas and unexpect...

The two producer countries said on Monday that they will prolong and deepen output cuts into August. Along with reductions they already mad...

Analysts and government officials from consumer countries use the term Asian premium to refer to the higher prices Asian importers have pai...

The EU imposed a ban on seaborne Russian crude oil imports from Dec. 5 and G7 countries set a price cap on Russian seaborne exports at $60 ...

Saudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the first time in six months amid exp...

Brent crude futures rose 40 cents, or 0.5%, to $81.39 per barrel by 0117 GMT, while West Texas Intermediate futures rose 43 cents, or 0.6%,...

The EU imposed a ban on maritime Russian crude oil imports from Dec. 5 and G7 countries set a price cap on Russian seaborne exports at $60 ...

India’s oil refiners grabbed multiple cargoes of Russia’s flagship Urals crude this month, potentially supplanting the Middle Eastern varie...

Oil and gas workers have withdrawn from offshore U.S. Gulf production facilities as Hurricane Delta was forecast to intensify into a powerf...

Brent crude futures fell 17, or 0.4%, to $42.13 a barrel by 0818 GMT and U.S. West Texas Intermediate (WTI) crude futures were down 22 cent...

If Iran does take the conflict to the next level, there would be attacks on tankers. The Saudi attack depends on the extent to which Iran r...

Goldman Sachs increased its estimate for Brent crude to $63 a barrel from $60