Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly report that India's crude imports began the year averaging 4.9 mb/d. This represents an increase of 154 tb/d, or over 3 ...

Oil prices were broadly flat, with Brent crude at $70.99 a barrel and WTI at $67.69 a barrel. Brent gained in Wednesday's session before paring some gains, as traders weighed near-term demand strength ...

The Trump administration has expended a lot of energy into sparking the idea that there is a looming energy crisis in the U.S ...

A tanker controlled by Greek owner Enesel is importing the first Algerian crude for Nigeria's giant Dangote refinery. Oil ...

Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions, ...

By Kevin Buckland TOKYO (Reuters) -Stocks sank in Asia on Thursday, reversing initial gains, as worries about the economic ...

Dial out the noise and focus on the fundamentals is a tactic that may work best for global commodity markets as they navigate ...

Stricter measures targeting Russian oil tankers have reshaped China’s crude import landscape, with Russia slipping in the ...

BANGKOK (AP) — Asian shares were mostly lower on Thursday despite a rebound on Wall Street fueled by an encouraging update on ...

While former President Joe Biden wasn’t the first president to use the Strategic Petroleum Reserve for political reasons, he drained it more than any president before him. The frequent draws and ...

Oil futures gain as the EIA's report of a 1.4 million barrel increase in U.S. crude oil stocks is offset by a bigger-than-expected 5.7 million drawdown in gasoline inventories. U.S. inflation for ...