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 ...

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

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

Abu Dhabi hosts a major oil summit Monday, just after the OPEC+ group of the cartel and its allies announced they would halt planned production increases for early 2026 ...

State-owned giants such as Sinopec and PetroChina canceled some Russian cargoes in the wake of US sanctions on Rosneft and Lukoil.

India's crude oil imports from Russia are expected to have risen slightly in October from a month earlier, according to ...

Oil prices rose after OPEC+ agreed to pause output hikes for the first quarter of next year, easing fears of a growing supply surplus.

Bharat Petroleum has purchased a 2-million-barrel cargo of Emirati crude as Indian refiners diversify away from Russian oil ...