Myanmar imports 90 percent of its fuel oil, official figures show, making it particularly vulnerable to supply issues caused by the US-Isra...

Economists predict the Indian rupee will strengthen against the US dollar in the coming months. Factors contributing to this appreciation i...

Iran's Revolutionary Guards have reported that two oil tankers caught fire in the Strait of Hormuz. The vessels were allegedly traveling al...

The Strait of Hormuz has become a bustling corridor for Middle Eastern oil, with exports rising sharply since September. However, the ongoi...

On Friday, Iran's Revolutionary Guards reported a fire involving two oil tankers in the Strait of Hormuz. This incident came soon after cla...

Asian fuel oil benchmark prices underwent a steep decline this week, driven by expectations of heightened supplies from the Middle East. Th...

Middle Eastern crude exports have increased in September and October, leading to declining spot premiums. Dubai's cash premium to swaps fel...

Oil prices have been falling for several days, influenced by the outcomes of Congressional elections this week. The results may signal a le...

South Korea is planning to broaden the operational area of its Cheonghae unit in the Middle East. Following pressure from Donald Trump, the...

Mangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...

Indian government bonds experienced an increase due to a significant decline in crude oil prices. A Democratic sweep in the US midterm elec...

Oil prices decreased due to investor caution ahead of the US midterm elections and ongoing peace negotiations. Brent futures and West Texas...

Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session a...

Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen reg...

Reliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...

In response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...

With freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...