Iraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...

Brent crude futures fell 50 cents, or 0.6%, to $89 a barrel, while West Texas Intermediate crude futures declined 42 cents, or 0.50%, to $8...

Oil prices have dipped, bringing an end to a two-week rally in crude futures. The United States has announced that there are no current neg...

Bharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...

Oil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...

Indian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...

India is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...

A drone attack caused a fire at the Afipsky oil refinery in Russia's Krasnodar region. Falling drone debris killed two people and injured t...

Asian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...

Shipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...

India is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...

China's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...

India and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...

India crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data ⁠from ⁠the Petroleu...

Indian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to hig...

India will be the first official partner country at Russia's Energy Week forum. This partnership aims to attract greater Indian investment ...

India's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...