Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the ...

OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...

Sinochem has delivered its first Middle East crude cargo, signaling a strategic expansion of its oil trading business in Asia ...

India turned to purchasing Russian oil sold at a discount after Western countries imposed sanctions on Moscow and shunned its ...

LONDON: Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output ...

The impact of EU sanctions and US President Donald Trump’s continuous targeting of India-Russian energy tries has started to pinch refiners as prices of crude oil grades in the Middle East are moving ...

Asian imports of US West Texas Intermediate crude are set to increase due to rising Middle Eastern crude prices, reduced ...

Oil giant Petron Corp. booked lower earnings in the first half as crude prices declined due to ongoing global trade tensions ...

Indian Oil Corporation has purchased seven million barrels of crude oil. The oil is sourced from the United States, Canada, ...

A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and thus on inflation.

Oil prices have not reacted to Trump slapping an additional 25% tariff on India over its purchases of Russian oil, possibly ...