Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that mo...

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a ...

Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Int...

Oil tanker traffic through the Strait of Hormuz saw an uptick on Monday, with four vessels carrying nearly 2 million barrels of crude navig...

Vulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...

The Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...

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...

Aluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, which are now projected to extend in...

Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green ...

The Reserve Bank of India's Monetary Policy Committee maintained the repo rate at 5.25% with a neutral stance. External member Saugata Bhat...

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflati...

Global economic shocks from trade disruptions and geopolitical tensions are reshaping resilience, according to Raghuram Rajan. He stresses ...

Iranian oil tankers are now sailing through a US blockade. This follows a deal to reopen the Strait of Hormuz. Three tankers carrying five ...

China has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...

A deal between the US and Iran signals a post-war future. The oil market will see significant shifts. Energy resilience will drive demand f...

Global oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...