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

Global refining capacity is growing despite fewer refineries, driven by regional demand shifts, sustainability pressures, and ...

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 ...

Asia is expected to step up imports of U.S. West Texas Intermediate crude in the fourth quarter after Middle East oil prices strengthened and opened the arbitrage window, trade sources said.

Asian imports of US West Texas Intermediate crude are set to increase due to rising Middle Eastern crude prices, reduced ...

Crude tankers are expected to be busier loading US crude for Asian trips as the price arbitrage window opens. Exports of US ...

Indian refiners, heavily reliant on discounted Russian oil for high distillate yields, face significant economic and ...

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

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

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 ...

Indian Oil Corporation has purchased seven million barrels of crude oil. The oil is sourced from the United States, Canada, ...