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The Indian government is poised to save up to ₹60,000 crore on crude oil imports this fiscal year, thanks to…
Crude oil prices have historically contributed to inflation, with significant events illustrating this relationship. In 1973, the oil producer cartel…
Oil markets are experiencing significant fluctuations, with prices dropping in Wednesday morning trading. As of 10:25 AM ET, Brent crude…
Brent crude oil prices are expected to rebound to $80 per barrel in the fourth quarter, according to Claudio Descalzi,…
SINGAPORE (Reuters) – Oil prices fell on Thursday, reversing earlier gains, following reports that Saudi Arabia plans to abandon its…
Libya’s crude oil exports have sharply fallen to around 400,000 barrels per day (bpd) this month, down from 1 million…
Russia is gearing up for reduced oil revenues due to lower prices and a more lenient tax system, according to…
Oil prices surged on Tuesday, recovering from a brief decline on Monday. This uptick comes as tensions in the Middle…
Oil prices have fallen sharply as the U.S. summer driving season ends, driven by worries about an economic slowdown in…
Shell, Chevron, and Norway’s Equinor are evacuating staff from offshore facilities due to the increasing threat of Tropical Cyclone System…
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