Leading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...

India's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....

Production has plummeted by up to 40%, sending fishmeal prices to record highs. This crisis threatens to significantly increase the cost of...

Oil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...

Ukrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...

Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...

India successfully navigated the Hormuz Strait closure, avoiding fuel shortages despite initial fears. This resilience wasn't due to last-m...

Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...

India's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...

India is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...

India's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...

India successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...

During national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...

Any moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...

India's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...

The recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...