Oil futures traded slightly lower Monday morning after President Trump paused steep retaliatory tariffs that he had ...

Indian Oil Corp has bought another 6 million barrels of sweet crude via a tender for April delivery, trade sources said on Monday, as the country's top refiner seek to replace Russian oil after U.S.

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

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

(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.

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

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

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 ...

Indian state-owned oil refining company Indian Oil Corporation (IOC) is busy looking for alternative sources of crude oil after the U.S. imposed a large package of sanctions that affected the supply ...

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

HOUSTON (Reuters) -LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery ...