Oil futures posted their first loss in four sessions on Wednesday after official U.S. data revealed a third straight weekly ...

Oil futures backed off from a three-session rally as U.S. crude inventories posted another large weekly build, President Trump and Russia's Vladimir Putin agree to start negotiations toward ending the ...

Oil prices fell more than 2 per cent on Wednesday after U.S. President Donald Trump took the first big step toward diplomacy ...

Indian oil refiners navigate US sanctions on Russian crude imports by restructuring supply chains with new entities and ...

The US is currently the fifth largest oil supplier to India, even as Russia has emerged as top import destination for oil.

Oil retreated as hotter US inflation caused a spike in the dollar and the market continued to brace for more trade moves from ...

Russia's Volgograd oil refinery, which had halted operations following a Ukrainian drone attack on February 3, has partially resumed processing.

According to the STEO, the EIA sees the Brent spot price averaging $74.50 per barrel this year and $66.46 per barrel next ...

China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...

Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.

Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...