Japan stands at a pivotal moment, where diplomacy and strategy must converge to navigate rising tensions from the Middle East ...

OQ Exploration & Production says 1H net profit fell almost 11% due to rising finance costs. The Omani energy company also ...

Indian refiners seek alternative crude sources amid US pressure on Russian imports, impacting global oil market dynamics.

Rystad Energy analysts report WTI faces challenges from OPEC+ exports, refinery maintenance, and quality mismatches, ...

Strong summer demand for driving fuels has provided some support to markets, but IEA data indicates inventories are already tipping into oversupply, with world oil stocks reaching a 46-month high in ...

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

Oil prices edged higher as markets priced in geopolitical risk ahead of a high-stakes US-Russia meeting, despite bearish ...

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

Trump’s unpredictability and high tariffs could make it essential for Middle Eastern countries to diversify their markets and ...

India is set to rely more heavily on West Asian oil suppliers, including Saudi Arabia, the UAE, and Iraq, as US pressure mounts over Russian crude imports.

From the end of the Second World War, Persian Gulf oil has been protected by an expensive network of American bases—and now, Donald Trump wants regional powers like Saudi Arabia to take over the costs ...