US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, re...

Global oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...

Japan’s Nikkei traded largely sideways as investors awaited US CPI data for clues on the Federal Reserve’s interest-rate outlook, while Mid...

Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...

Indian equity benchmarks concluded lower on Tuesday, August 11, with Nifty 50 falling below 24,500. Crude oil price rebound and F&O expiry ...

Gold prices experienced a notable increase on Wednesday as market participants anticipated essential inflation data. Worries about oil-indu...

Oil prices increased Wednesday morning due to Middle East supply worries. Attacks on ships fueled concerns about disruptions in vital shipp...

The oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...

The Indian rupee tumbled to a two-week low on Tuesday as surging oil prices and waning optimism regarding a U.S.-Iran deal pressured the cu...

China is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...

Oil prices surged on Monday amidst growing uncertainty about the reopening of the vital Strait of Hormuz. Iran indicated that negotiations ...

China is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its...

AWL Agri Business is increasing edible oil inventories to counter supply chain disruptions. The company has boosted its stock cover to fort...

Indian refiners have stepped up crude oil purchases, with Mangalore Refinery and Petrochemicals buying 1 million barrels of Oman crude thro...

Russian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...

War-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...

OPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...