Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. fell by more than ...

Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven ...