The Energy Information Administration (EIA) released its weekly report on Crude Oil Inventories, revealing an unexpected decrease. The actual number of barrels of commercial crude oil held by US firms ...

MUMBAI -- India's imports of Russian crude oil fell in January to a one-year low, down 35% from last year's peak, as New Delhi diversifies its sources.

NEW YORK, June 24 (Reuters) - Oil prices fell 6% on Tuesday to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the ...

1557 ET – Sanctions placed on Iranian oil by the EU were overshadowed by reports of OPEC+ increasing the production coming out of member oil refineries. “It appears that the market wants to believe ...

LONDON, May 14 (Reuters) - OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider OPEC+ group this year and said it expected lower ...

NEW YORK :Oil prices climbed about 1 per cent on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories as investors awaited the next steps in talks to end the Ukraine war, with ...

HOUSTON, U.S./TOKYO -- U.S. President Donald Trump's tariff policy has pushed down oil prices below the point of profitability for many new projects, which could put more pressure on trading partners ...

HOUSTON :Oil prices settled 3 per cent lower on Monday as OPEC+ plans for another increase to oil output in November and the resumption of oil exports by Iraq's Kurdistan region via Turkey raised the ...