Barchart report on the energy sector, I concluded that the oil market faced bullish and bearish factors in early 2024, ...

The recent implementation of new US sanctions on Russian oil producers, tankers, and insurers has created a disruption in the ...

Bharat Petroleum Corp, India's state-run oil refiner, expects its processing of Russian oil down to 20% in March, down from ...

Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...

(read more) The commodity of crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development.

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

Indian state refiners have asked Abu Dhabi National Oil Co (ADNOC) to offer pricing of its crude on a delivered basis to ...

Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...

In 2024, Russia's Urals were also cheaper by $4 per barrel compared to oil from Iraq, one of India's main sources of crude oil imports, data from Kpler showed. "If India were to fully comply with ...

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

Oil tanker rates jumped Jan. 13 as the Biden ... cut the supply of ships while forcing traders to seek alternative sources of crude. On Jan. 10, 10 days before Donald Trump takes over, the ...

However, its reserves are depleting, prompting more exploration in non-conventional sources. Unconventional Crude Oil: This includes oil sands, shale oil, and tight oil, primarily sourced from ...