News

Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...
For decades, the world has looked to the Middle East as the heart of global oil production,a region synonymous with vast ...
Indian Oil Corp has bought 7 million barrels of crude from the United States, Canada and the Middle East, four trade sources ...
Big checks, cheap energy and the prospect of fast growth lured artificial intelligence companies to the Middle East. Now they ...
Oil prices have not reacted to Trump slapping an additional 25% tariff on India over its purchases of Russian oil, possibly ...
The oil market remains doubtful about the impact of the additional 25% tariffs imposed by the US on India over its purchases ...
US President Donald Trump has intensified pressure on Iran’s economy, clamping down on its oil sector, a critical component ...
He's covered oil markets for the last 25 years. And he says after past flare-ups of violence in the Middle East, oil prices have spiked. But not this time.
Instead of obsessing about fixing the region's problems, Washington needs to focus on vital U.S. interests, of which there ...
The Organization of the Petroleum Exporting Countries' most recent monthly oil market report found production by the broader OPEC+ group rose in May by 180,000 barrels per day to 41.23 million bpd ...
The shale revolution — when newer technology like fracking unlocked more oil from U.S. oil fields — lessened the world's dependence on crude from the Middle East.
Saudi Arabian crude exports have been soaring, hitting a three-month high last month, though oil prices remain low.