Indian and Chinese refiners are increasing purchases of crude from the Middle East and the Atlantic Basin due to reduced ...

Indian refiners cumulatively imported nearly 649,000 bpd of Saudi Arabian crude in December, up 4.4 per cent sequentially.

This week, two Indian state refiners bought up to 6 million barrels of Oman and Abu Dhabi’s Murban crude for prompt loading ...

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

Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that ...

U.S. shale producer Occidental Petroleum said the prices received for oil production during the fourth quarter were lower ...

The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on ...

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...

Why is Houston, Texas called the energy capital of the world? The oil industry started partly because of oil gushing at ...