Oil prices rose about 1% on Wednesday after reports that Israel could be preparing to strike Iranian nuclear facilities ...

India's diversification of oil sources, particularly its continued reliance on Russian oil, is a significant factor in the ...

India is emerging as a key player in global energy, driving demand optimism despite global oil market headwinds. Leveraging ...

As Gulf states shower him in riches, the US president seems ready to break with any diplomatic tradition in order to expand ...

MOSCOW. May 21 (Interfax) - Russia's Finance Ministry is not currently preparing to raise taxes on oil and gas companies due to the drop in oil prices, but neither is it planning to ease the tax ...

Crude oil futures spiked over 1% as geopolitical tensions between Israel and Iran raised regional supply concerns. Prices ...

India’s growing energy requirements come at a time when global oil markets are facing weak fundamentals in 2025 due to sluggish demand and rising supply from both OPEC+ and non-OPEC+ producers.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Saudi Arabia and Russia, the group's leaders, are also pushing a secondary objective behind OPEC+’s plan to increase oil ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

Saudi Arabia is prioritizing long-term oil market stability over short-term gains, preparing for lower prices even as it ...