NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories ...

While no one was paying attention, crude oil prices quietly fell by over 11% since the beginning of August. You can only ...

The U.S. has sanctioned a Greek shipping entrepreneur, his fleet, and two Chinese oil terminals in a bid to disrupt Iran’s ...

Local oil industry sources said on Friday that gasoline and diesel prices are expected to increase next week due, again, to ...

The U.S. Energy Information Administration (EIA) has slashed its Brent crude oil price forecast. In its August Short-Term Energy Outlook, it expects global oil prices to fall from $71 per barrel in ...

India imports around 85-90 per cent of its crude oil requirements. Its crude import bill was approximately $132-140 billion ...

Iran’s Oil Ministry has cut its imports of diesel to zero thanks to tighter controls on domestic demand for the fuel.

Brits have finally received a boost at the pumps as petrol prices drop for the first time in two-and-a-half months – and they ...

The EIA reported 3,199 billion cubic feet (Bcf) of working gas stored underground across the Lower 48 states. That’s 13 Bcf more than last week, 95 Bcf less than last year, but an impressive 174 Bcf ...

IN THE 20 months since Hamas massacred almost 1,200 people, Israel has fought in Gaza, Lebanon, Syria and Yemen. On June 13th, when Israeli aircraft struck Iran, it became clear that these campaigns ...

Distillate fuel demand flexed its muscles, surging 4.7% over last year to hit 3.7 million barrels a day. And jet fuel? Forget turbulence, it’s soaring—a 7.4% jump compared to the same four-week ...