Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...

Sinochem has delivered its first Middle East crude cargo, signaling a strategic expansion of its oil trading business in Asia ...

Sinochem has delivered its first Middle East crude cargo during the Platts Dubai Market on Close process, trade sources said on Tuesday, part of an effort by the Chinese firm to step up oil trading in ...

India turned to purchasing Russian oil sold at a discount after Western countries imposed sanctions on Moscow and shunned its ...

The impact of EU sanctions and US President Donald Trump’s continuous targeting of India-Russian energy tries has started to pinch refiners as prices of crude oil grades in the Middle East are moving ...

Saudi Arabia has increased oil prices for Asian shipments for the second consecutive month, signaling strong confidence in robust regional demand.

The first full week of August was another week with just small price changes at the gas pumps around the U.S., Oregon and the ...

Saudi Aramco has lost around $800bn of its market value since its peak in 2022, a drop of nearly 40 percent. On Tuesday, the ...

Pakistan Refinery Limited (PRL) will import its first-ever cargo of Nigerian Bonny Light crude oil from Vitol in September, ...

A sudden stop would hit India’s energy security, disrupt global refining, inflate shipping costs, and squeeze already tight ...

India's oil import costs may rise if Russian oil purchases cease. A State Bank of India report suggests a potential increase ...

Oil prices have not reacted to Trump slapping an additional 25% tariff on India over its purchases of Russian oil, possibly ...