To ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks...

Saudi Arabia is maximizing oil exports through its Yanbu port this week. Increased loadings at Yanbu reflect rising tensions with Yemen's H...

Brent crude settled at its highest level since June 12 for a second consecutive session, while West Texas Intermediate (WTI) closed at its ...

Industry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...

India's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...

Strait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...

Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 ...

Geopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...

Renewed tensions between Washington and Tehran have impacted global energy markets significantly. Ship traffic through the strait has nearl...

Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was pois...

India's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...

US President Trump stated he does not anticipate renewed conflict with Iran. He warned that any future attacks would face a much stronger r...

Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01...

Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...

Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a bar...

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...

Mangalore Refinery has chartered a vessel to load crude oil from Iraq. This marks the first such move by an Indian state-owned refiner sinc...