This move was in a view of limiting Russia’s fossil fuel earnings without hindering the global supply chain of the widely used fossil fuel....

This is the first time that fuel prices reached Rs 70-mark in the year 2019.

Brent crude, the global benchmark, was up 60 cents at $51.07 at 1415 GMT.

Falling crude will reduce India’s import bill and inflation. It is also likely to cool local fuel prices.

Google searches for "too much oil" recently outstripped searches for "Peak Oil." Prices per barrel are around $45. For oil markets, short-t...

India is among buyers seeking more cargoes of the cleaner fuel as spot prices have fallen about 60% since October 2014 amid a supply glut.

Oil is poised for a drop of 20% since early June. While excess crude production is abating, inventories around the world are brimming.

The diminished glut indicates that Opec’s policy, driven by de facto leader Saudi Arabia, to let lower crude prices re-balance world market...

Turmoil returned to global markets as oil plunged and the Dow Jones Industrial Average sank 400 points, fueling a rush into haven assets.

Money managers increased their combined net-bearish position across 18 raw materials to the biggest ever, doubling the negative bets in jus...

Oil will turn into a new bull market before the year is out as the price rout shuts down sufficient production to erode the global glut.

Crude oil for delivery in October shot up Rs 56, or 1.88 per cent, to Rs 3,042 per barrel, with a business turnover of 6,030 lots.

Market pressures that slashed the price of oil to below $50 per barrel appear to be easing, the OPEC oil cartel said Monday.

OPEC on Monday revised upward its forecast for global crude oil de mand growth for this year and predicted a further increase for 2016.

The capitulation of fund managers comes at a time when retail and professional investors are diverging when it comes to predicting the pric...

Energy prices retreated in 2014 as a jump in the US drilling sparked a surge in output and price war with OPEC, which chose to maintain sup...

Crude oil in New York declined, widening its discount to Brent crude, on speculation that the reversal of the Seaway pipeline won't be enou...