India is the world's third-largest crude importer after China and the US. India historically bought most of its oil from the ...

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

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 ...

Oil prices settled lower yesterday amid growing hopes that Presidents Trump and Putin will meet to discuss a Russia-Ukraine ...

US President Donald Trump has intensified pressure on Iran’s economy, clamping down on its oil sector, a critical component ...

The 500,000-bbl, light-sweet crude cargo is expected to load later this month and arrive in Karachi by late September.

The oil market is pulling all the levers it can to ease a global diesel crunch, but the window is narrowing to replenish ...

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

Lukoil is restructuring its Middle East operations amid sanctions, moving trading activities to the new Dubai-based entity ...

On paper, the world's largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in ...

The monarchical Arab Gulf states emerged on the other side of last June’s Israeli and US attacks on Iran largely unscathed, with the important exception of a limited, retaliatory Iranian missile ...