India’s BPCL will cut Russian crude purchases in November as high freight costs and premiums make Middle Eastern oil the ...

IEA chief Fatih Birol says energy markets won't return to prewar levels in 2027 as oil nears $120 and the diesel crunch runs into mid-2027.

UBS meteorologist James Block expects a mild winter as the strongest El Niño since the 1950s cuts heating demand, though ...

Russia's expanding Arctic shipping route to Asia faces persistent ice hazards, vessel shortages, sanctions, and environmental risks despite growing oil exports.

CENTCOM says U.S. forces helped move 1.5 billion barrels out of Hormuz, but Houthi threats and Iranian tanker attacks keep ...

The Houthis claim attacks on pumping stations along Saudi Arabia's East-West oil pipeline, but Saudi Arabia has not confirmed ...

Saudi Arabia plans to store crude oil in Singapore from the second half of 2027 to strengthen Asian supply security amid ...

Elevated oil prices and escalating Middle East tensions are unsettling Indian equities as the country increases its ...

European natural gas prices have surged to their highest levels since 2022 as disrupted Qatari LNG supplies and unusually low ...

Galp and Moeve have ended talks to combine their Iberian refining and fuel retail operations, abandoning plans to create two ...

Saudi Arabia’s crude output rose 12.2% in September to 8 million bpd as ship-to-ship transfers and Red Sea exports offset the Hormuz disruption.

Middle Eastern oil exports are recovering, with Hormuz flows reaching 11.7 million bpd in October, approaching pre-war levels ...