Last year, India leapfrogged China to become the biggest buyer of Russian oil, purchasing up to 2 million barrels of ...

A 10% jump in global crude oil prices could push India’s retail inflation up by 20 basis points, according to an RBI research paper. The study highlights India's continued sensitivity to oil ...

Aramco pumped more oil but lower prices hurt its top line as crude on average fell to $66.7 a barrel from $76.3 earlier this ...

US President Donald Trump has imposed a tariff of 50 per cent on India for its trade relationship with Russia and accused ...

Oil futures spiked higher and remained off five-week lows Wednesday morning after President Donald Trump jacked up tariffs on U.S. imports from India to 50% citing the country's continued purchases of ...

Oil prices could spike globally if Russia’s more than 7 million exported barrels of oil per day abruptly disappear.

Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, warns expert (REUTERS) But Mr Kolyandr doubts Mr Trump will follow through with the tariffs ...

U.S. President Donald Trump said on Tuesday he would increase the tariff charged on imports from India from the current rate ...

Oil prices jumped Monday after Britian said a racing yacht carrying five U.K. nationals had been stopped by Iranian naval vessels and that they are now being held in Iran. Crude climbed $1.40 to ...

Regime change could send oil prices significantly higher, particularly if it results in a loss of oil from Iran. “The main concern is any disruption to energy flows and global confidence.

China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years ...