Amidst escalating tensions following US strikes on Iran's nuclear facilities, concerns rise over potential Strait of Hormuz ...

Amidst Iran-Israel tensions, India has significantly increased its Russian oil imports, surpassing combined purchases from ...

Amid escalating tensions between Iran and Israel, the Oil and Gas Regulatory Authority (Ogra) has warned oil marketing companies (OMCs) to maintain a minimum of 20 days of oil stock in accordance with ...

A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and ...

Sechin noted that following the imposition of sanctions against Russia, the import of Russian heavy oil products has allowed Saudi Arabia to effectively meet the raw material needs of its energy secto ...

Data from the consulting firm Mysteel OilChem indicates that the utilization rate at China’s private refineries has fallen to 45%, approaching a three-month low ...

Both countries are weighing long-term solutions, including boosting domestic production and securing alternative storage, ...

ShareIn the wake of reports that Nigeria and Saudi Arabian oil company, Aramco, are facing difficulties finalising a record $5.0 billion oil-backed loan, analysts at CSL Research have warned that ...

Over the weekend, Israeli forces targeted a natural gas plant linked to Iran’s massive South Pars field, its largest gas ...

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...

Market Talk 1041 GMT - Base metal prices fall, with LME three-month copper down 1.4% at $9,553.0 a metric ton and LME three-month aluminum down 1.75% at $2,475.50 a ton. A stronger U.S. dollar and a ...

New Delhi: Amraco, a Saudi oil company, has found 14 oil and natural gas fields and oil reservoirs in the eastern region and the Empty Quarter of the country. According to a state news agency, SPA ...