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Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain a conflict between Israel and the Palestinian group Hamas, amid worries of a wider confrontatio… Read More

SINGAPORE, Sept 26 (Reuters) – The cost of chartering a supertanker to load Middle Eastern crude oil for Asia has rebounded from a 19-month low in September, but industry sou… Read More

NEW DELHI : Russia continued to be the largest oil supplier to India in August with imports worth $4.15 billion, according to data from the commerce ministry. It was 23.15% hig… Read More

Global crude oil prices could rise to $100 a barrel based on the OPEC+ decision on Wednesday to maintain supply cuts, the chief economist of Norwegian oil and gas company Equinor said… Read More

Once again, the dichotomy between retail diesel direction and that of the futures and wholesale markets is kicking off another week. The Department of Energy/Energy Information Administr… Read More

Oil prices drop was about 2% on Thursday, October 5, extending the previous session’s nearly 6 per cent losses. The oil prices were down, as an uncertain demand outlook overshadowed an… Read More

Saudi Gazette report RIYADH — Saudi Arabia on Wednesday prolonged its a million barrel per day (bpd) voluntary crude oil manufacturing minimize till the top of the 12 months 2023. An… Read More

Oil tumbles 2% to 3-week low on strong dollar, profit taking By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract ex… Read More

The global oil price rose to its highest in a year yesterday on the back of persistent supply concerns, cementing fears of yet another significant fuel price hike in South Africa.The Brent c… Read More

Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further U.S. interest rate hikes could dent demand, but they were… Read More

Oil Prices Surge Amid Growing Supply Deficit Worries – Oil prices have been on the rise, and market analysts are pointing fingers at the combination of weakened U.S. shale output… Read More

Saudi Gazette report CALGARY, CANADA — Saudi Vitality Minister Prince Abdulaziz bin Salman defended on Monday OPEC+ cuts to grease market provides, saying worldwide power markets wan… Read More