Asia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array o...

US oil giants are poised for record profits, potentially sparking a showdown with President Trump over high gasoline prices. Despite fallin...

Gulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...

India is targeting a monumental $1 trillion in exports this fiscal year, a significant leap from last year's $863 billion. Union Minister P...

Ukrainian strikes on Russian energy infrastructure have triggered a severe fuel crisis, forcing curbs on sales and leading to price hikes. ...

State-run oil companies reported a significant loss of ₹74,781 crore in the April-June quarter due to selling fuel below market rates. Desp...

Indian refiner Nayara Energy's gasoline is reportedly reaching Russia, which faces fuel shortages due to Ukrainian attacks. While Indian Oi...

Gold importers under the India-UAE free trade agreement have received an extension until September 30, 2026, to utilize their tariff rate q...

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...

India has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...

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

The US move has allowed Asian firms to establish themselves in a market dominated by a handful of US companies.

India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...

China’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...

Geopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...

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