VIENNA: The Organization of the Petroleum Exporting Countries (Opec) announced on Wednesday a significant increase in oil ...

HOUSTON: Oil prices fell about 1% on Wednesday as U.S. fuel inventory builds reinforced views in the market of shrinking ...

Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution about the wider economic impact from U.S. tariffs. Prices have seesawed in a ...

OPEC stated in its monthly oil market report that after very strong economic growth in 1Q25, India appears to have maintained ...

The U.S. is threatening to leave the IEA unless it stops promoting green energy and returns to objective oil demand forecasting.

India's oil imports from Russia rose marginally in the first half of this year, with private refiners Reliance Industries Ltd ...

UAE PMI remains in expansion territory at 53.5 while Dubai real estate transactions soar 38 per cent in value and tourism exceeds pre-COVID levels ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Supply is set to rise three times faster than demand ...

Crude oil dips toward the 200-day moving average as rising U.S. inventories and tariff threats offset stronger oil demand ...

MOSCOW, July 16. /TASS/. Trump’s new framework of arms supplies to Ukraine, the potential fallout of new tariffs against Russia’s trade partners, and OPEC signals openness to new members. These ...

ASTANA – Kazakhstan remains committed to its obligations under the OPEC+ agreement and is not considering leaving the alliance, said Prime Minister Olzhas Bektenov during a July 15 briefing with ...

Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly update that in May, Indias oil demand expanded by 110 thousand barrels per day (tb/d), y-o-y, up from an increase of 21 ...