Brent crude fell 1% to $103, while West Tax Intermediate was down 0.75% to $90.5. In the previous session, Brent crude futures settled $4.0...

US stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including th...

The Indian government bond market is feeling the heat from escalating US Treasury yields and climbing oil prices. Crude oil has surged, fue...

Indian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...

Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...

Rising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...

Iran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...

Iraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...

Oil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...

India is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...

The EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...

Brent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...

The US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...

Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...

Oil prices slipped as a result of heightened crude exports from the Middle East, alongside a stockpile release by the G7. Brent crude futur...

Crude oil’s physical market price could reach nearly $145 a barrel even if benchmark prices show $100, as soaring VLCC shipping costs widen...

G7's recent decision to release 100 million barrels of oil from reserves is unlikely to significantly alleviate fuel inflation as it overla...