OPEC's market share in India has dropped to an all-time low, below 50%, in the 2024-2025 fiscal year, as Russia's crude oil ...

Reliance Industries imported about 532,700 barrels per day (bpd) of Russian oil in March, marking a 17.3% increase from ...

Saudi Arabia's crude exports in February rose to 6.547 million barrels per day (bpd) from 6.073 million bpd in January, ...

India and Saudi Arabia are exploring joint projects in refineries and petrochemicals, Indian Prime Minister Narendra Modi ...

The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

Crude oil prices stabilized today, following Monday's decline, supported by short-covering and lower OPEC+ production, ...

Oil prices have seen a significant increase of over 3% following the U.S. imposition of new sanctions targeting Iranian oil exports and OPEC's commitment to further reduce production. These ...

NEW YORK (Reuters) -Oil prices fell nearly 3% on Monday on signs of progress in talks between the U.S. and Iran, while investors remained concerned about economic headwinds from tariffs which could ...

Crude prices were down by about 2.6% at 11:30 a.m. ET, with the NYMEX May West Texas Intermediate crude contract sinking by $1.67 to $63.01/bbl. Tuesday is the final day of trading for the contract, ...

The Texas oil and gas industry is concerned about the uncertainty surrounding energy production and prices despite President ...

Iraq plans to cut oil exports this month as it faces growing pressure to adhere to its OPEC+ production target, according to ...

Eight OPEC+ countries that assumed an obligation earlier on voluntary oil production cuts had an online meeting on April 3 ...