Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories as investors awaited ...

In short, if oil prices remain under pressure, which seems likely, stock investors should be on the alert for a correction ...

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 ...

"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...

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

The U.S. is intensifying sanctions, targeting Chinese entities involved in trading Iranian oil and petrochemical products, with more measures expected to further restrict Iran's revenue sources.

The company, which absorbed the North Sea assets of Italian oil major Eni last year, is also developing two of the biggest projects in the region, Rosebank and Cambo. It increased its guidance for ...

Saudi Arabia, the world's biggest oil exporter, may hike crude oil prices for Asian buyers for the second month in a row, ...

We are now in the midst of World War 3—and Iran has become the decisive battleground. The US and Israel may be willing to ...

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