On Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market trad...

The United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...

The Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...

Global oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...

ONGC plans a $200 million investment to revive Venezuela's San Cristobal oilfield. The company secured a US license for continued operation...

India is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...

Nearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...

Venezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...

India is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...

ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...

US President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumer...

Indian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency impr...

US oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to a...

Championing a 'maximum pressure' strategy on Cuba, Secretary of State Marco Rubio reveals a personal and professional commitment to the cau...

US inflation data eased in June, prompting investors to lower interest rate hike bets. China's economy slowed more than anticipated, increa...

India's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...

In Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...