Domestic fuel prices are set to rise by up to P2.70 per liter today, driven by potential global supply tightening following sanctions on Russian oil firms.

The already growing US share in India’s crude basket underscores deepening US–India energy ties and aligns with India’s strategy to balance supply security, economics, and geopolitics.

The group said the pause was due to “seasonality”. Oil demand in the first quarter is generally weaker after the end of the holiday season when oil refineries often go into ma ...

Amos Hochstein, managing partner at TWG Global & Former Senior Advisor to the Biden Administration, spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the sidelines of ...

Abu Dhabi opened a major oil summit Monday with officials offering bullish optimism that power demands for artificial intelligence and global aviation will boost energy prices, just hours after Opec+ ...

Even though crude oil from the US could cost slightly more than the price of Russian oil, Indian lenders have turned increasingly cautious as sanctions have targetted two major Russian energy firms.

Oil supply will be hit by US President Donald Trump’s sanctions on Russia’s two biggest producers, according to the CEOs of ...

Chinese refiners are reducing Russian oil imports following new US sanctions aimed at major oil exporters, impacting global ...

Abu Dhabi opened a major oil summit Monday with officials offering bullish optimism that power demands for artificial ...

Turkey has sharply reduced its imports of Russian oil, signaling a major policy shift amid tightening Western sanctions on Moscow. According to Reuters, Turkey’s largest refiners, STAR and Tupras, ...

Morgan Stanley on Monday raised its Brent crude forecast for the first half of 2026 to $60 a barrel from $57.5, citing the ...