Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia ...

Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...

Canada's oil province, Alberta, opposes the federal government's plan to restrict oil exports in response to a potential US ...

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...