Oil prices fell today as G7 countries moved towards releasing up to 100 million barrels of diesel and crude reserves over four months. Bren...

US President Donald Trump said Friday that Europe had agreed to release a “massive amount” of heavily stocked diesel oil, with the process ...

A potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...

China's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...

The Trump administration has urged Germany and France to reduce their emergency diesel reserves to alleviate rising global fuel prices or r...

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...

Indian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...

Oil prices exhibited notable stability during the early trading hours in Asia as traders closely monitored the US-Iran peace discussions fo...

Aramco Trading concluded a tender for 10 million barrels of Khafji crude, attracting interest from Asian refiners. South Korea's GS Caltex ...

The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of ...

Oil prices surged following US President Donald Trump's clear stance of not easing sanctions on Iran. Meanwhile, Qatar voiced optimism for ...

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

Iran's Revolutionary Guards' spokesperson Hossein Mohebbi accuses Donald Trump of being dishonest about nuclear weapons. Mohebbi emphasizes...

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

Iran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...

Oil prices experienced a decline as Saudi Arabia resumed its key pipeline operations to the Red Sea. This development, coupled with rising ...

Saudi Aramco recently loaded approximately fourteen million barrels of crude oil onto seven tankers, marking a boost in its Gulf export act...