Iraq has asked Turkey to extend the Kirkuk-Ceyhan oil pipeline agreement for at least one year. This extension will provide more time to ne...

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...

India's External Affairs Minister S. Jaishankar defended the country's decision to buy Russian oil. He stated that cost and availability gu...

India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...

Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOC...

Oil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...

President Donald Trump considered capturing Kharg Island, Iran's main oil export terminal. This move would have severely impacted Iran's ec...

America's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...

India is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...

OPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...

In a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...

Brazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...

OPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...

America's trade deficit shrank in April. This happened as exports of oil products and capital goods reached new highs. This trend could hel...

America's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...

Global oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...

Oil prices declined Friday as traders perceived a reduced likelihood of renewed conflict between the US and Iran. Despite this, both Brent ...