Ukrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...

A significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...

Oil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...

Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...

India's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...

India's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...

Brent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures ⁠fell around 0.7% to $70.28 p...

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...

Ukraine intensified its drone attacks on Russia, hitting a major oil refinery in the Krasnodar region and causing at least one fatality. Pr...

Ukraine's domestically produced Flamingo missiles have successfully targeted a Russian plant manufacturing artillery and missile launch sys...

Crude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...

Indian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...

A supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...

United Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...

India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...

Recent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...