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

Sources said Indian refiners, particularly State-run, are watering down spot purchases of Russian crude oil. They are also ...

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

Saudi Arabia will ship lower volumes of crude oil to China in September after raising its September prices to Asia for a second consecutive month.

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

Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...

Oil giant Petron Corp. booked lower earnings in the first half as crude prices declined due to ongoing global trade tensions ...

Hungary’s MOL reported a sharp decline in net income in the second quarter as the impact of a spike in oil and gas output was ...

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

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

In 2024, GCC economies experienced a shift towards non-oil sectors, accounting for over 70% of GDP despite a downturn in oil ...

Indian refiners can operate without Russian oil, but face economic & strategic trade-offs. Impact on yields, costs, and US ...