Asian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...

Global oil markets are witnessing a severe physical crude shortage as Middle East disruptions trigger frantic buying and record premiums fo...

A desperate scramble for immediately available oil supplies is occurring globally, with traders paying unprecedented prices for prompt carg...

The halting of oil exports through the Strait of Hormuz has left the Dubai Middle East benchmark, the price used to value nearly a fifth of...

Asian countries are securing Russian oil amid an energy crunch. The Philippines and South Korea have received Russian crude and naphtha. Sr...

India's diesel exports to Southeast Asia hit a seven-year high in March, driven by traders covering short positions and refiners capitalizi...

Oil prices rose on Friday but were set for their first weekly decline since February 9 as U.S. President Donald Trump extended a pause in a...

Global oil markets are experiencing significant disruption. Refineries are paying record prices for crude oil. This is due to supply issues...

Exxon Mobil is sending at least 300,000 barrels of gasoline from the U.S. Gulf Coast to Australia. This is the first such shipment by the o...

India has begun exporting jet fuel to Europe again. Reliance Industries sent a cargo to Italy after a European Union ban on Russian oil pro...

Oil prices surged to a multi-month high after the U.S. joined Israel in strikes against Iran's nuclear facilities, escalating Middle East t...

Ahead of trade talks, Indian refiners are increasing US oil purchases, with June imports set to hit an 11-month high due to discounted WTI ...

U.S. crude prices dropped nearly 2% due to the imposition of U.S. tariffs on China, leading to Beijing retaliating with tariffs on U.S. coa...

Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by a slightly positive market outlook for the short term, despite ...

Shipments of diesel from India to Europe hit a 2-year low due to Houthi attacks, diverting cargoes to Asia. Higher freight costs and refine...

India's low-sulphur diesel exports to Europe are set to hit a two-year low in January due to increased freight costs caused by Red Sea secu...

India's diesel exports to Singapore are expected to reach a 19-month high in August due to lower freight costs and low inventories in Singa...