Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...

India plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...

Oil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Teh...

America's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...

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 ...

President Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...

The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...

India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...

Why are oil prices down while gold and silver prices up today? Oil prices fell to a three-month low as hopes grew that the Strait of Hormuz...

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

India's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...

A Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...

A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...

India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...

Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. stri...

Rosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...