The global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...

Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...

A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...

A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...

Indian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...

India's ethanol use is evolving beyond simple blending. It is set to become a key transport energy source. This will help manage fluctuatin...

G7 leaders convene in France to tackle pressing global issues including the wars in Ukraine and Iran, and economic imbalances. Discussions ...

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise ag...

America's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...

Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...

OPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...

Global oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...

Global oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...

Seven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...

OPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...

OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...

Rosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...