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

US President Trump threatens Iran with severe military action, including seizing oil infrastructure. However, the US faces a critical short...

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...

Global oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...

Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...

India and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...

Iran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...

Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...

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 ...

India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...

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

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

Cooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...

Global oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...

Seven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...

OPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...

OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...