Although industry experts believe it is too early to gauge the impact and a clearer picture would emerge in a month or two, ...

China's accelerated crude oil stockpiling in 2025 provides a significant buffer against global supply disruptions, ...

The coordinated impact of Ukrainian drone attacks and Western restrictions has reduced Russian oil output and exports, ...

China is scaling back imports of Russian crude after the U.S. imposed new sanctions on Rosneft and Lukoil — a move shaking ...

Meanwhile, US crude supplies to India surged significantly in October, driven by favorable economics and a wider Brent-WTI spread, making it India's fourth-largest supplier.

Oil prices were little changed early on Tuesday as markets weighed OPEC+'s decision to pause output hikes in the first ...

Since April, OPEC+ has increased production by more than 2.5 million barrels per day, causing crude prices to toe and even fall below the $60 barrel line.

Crude prices cap off four straight daily gains with a cumulative weekly loss of nearly a dollar. Near-month NYMEX crude ends ...

Torbjörn Törnqvist has just struck one of the deals of his lifetime, pouncing on the overseas operations of Lukoil soon after ...

Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ group of the cartel and its allies said it would halt ...

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