Brent crude was trading near $98 a barrel after touching $104 during Wednesday’s intraday trade. West Texas Intermediate (WTI) for November...

India’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...

Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel....

Oil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...

The U.S. Strategic Petroleum Reserve has reached its lowest level since 1982 after sustained withdrawals. Crude oil stocks dropped to 283.8...

Jio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, wid...

India is urged to strengthen its domestic oil exploration capabilities to improve energy security as global tensions rise. Oil India Limite...

The Indian rupee has fallen to a two-month low, now at 96.1450 per dollar. Contributing factors include rising oil prices, which have heigh...

Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.

Oil prices have increased for a second consecutive session amid ongoing concerns regarding supply disruptions from the Middle East. Brent c...

India’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...

J. Paul Getty bought Tide Water oil shares for just $2.12 in 1932, as the stock market was still reeling from the Great Depression. The Dow...

The war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...

Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...

US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and W...

Brent crude futures for November rose 74 cents, or 0.75%, to $101 a barrel. US West Texas Intermediate (WTI) crude for October, which expir...

JPMorgan says it no longer has a clear baseline for oil prices as Middle East tensions deepen supply risks. Brent remains above $100 a barr...