India’s Nayara Energy, which processes Russian oil, has completed a planned turnaround of its 400,000-barrels-per-day refinery at Vadinar, the Indian refiner sa

Weak demand from Iran’s top crude buyer, China, has dragged Iranian flagship oil prices into discounts to ICE Brent for the first time in two months, trade sour

Commodity trader’s net profit more than doubles to $4.1bn for October to March period

Russia’s Novak says oil market estimates need drastic revision

President Donald Trump told aides that he won't resume the war unless U.S. troops are killed, according to The Wall Street Journal.

US stocks were expected to head in different directions on Thursday morning, as oil prices retreat but tech earnings overnight disappointed investors. Dow Jones

Oil traders have spent months obsessing over tanker movements, shipping insurance costs and the fate of crude cargoes attempting to navigate the Strait of Hormu

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.75 million barrels in the week ending May 29. In the

The Iran War and the oil and gas market disruption it has caused have prompted a massive drop in Chinese crude oil imports. These were estimated at a little ove

In a somewhat puzzling market development, oil prices haven't spiked yet to record highs amid the worst supply disruption in history. That's because the market

Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S.

Tightening crude oil supply will lead to consumer behavior changes in the second half of the year as the imbalance with demand pushes inflation higher, the chie

Japan will spend an additional $19.4 billion to cushion the inflation blow to Japanese households resulting from the oil and gas export flow disruption in the M

Analysts have slashed their estimates of India’s oil demand growth this year, with the consumption uptick to be the weakest since the Covid pandemic as the supp

The Trump Administration would like to end the sanction waivers allowing sales of Russian oil as soon as possible, although the decision rests with the U.S. Dep

Kyiv hits oil terminal after deadly Russian strikes on Ukrainian cities

The Organization for Economic Cooperation and Development, in a report, said the Middle East war’s consequences “are likely to be felt for some time.”

Iranian drones struck Kuwait’s main international airport and the United States and Iran exchanged strikes.

WTI crude futures have risen nearly 10% in three days as hopes for a quick peace deal fade.

Oil prices rose overnight while Palo Alto fell despite strong earnings. New Trump tariffs loom. AI and metals led stocks Tuesday.