India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...

Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, ...

Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...

While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...

Indian refiners are increasing Middle Eastern crude purchases from the spot markets after Washington last Friday announced ...

Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, and OPEC+ will have to carefully navigate through all these to remain a ...

A tanker carrying Russian crude discharged at a port operated by Shandong Port Group in east China on Thursday.

According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...