The Saudi efforts to diversify the oil-reliant economy need a sustained period of healthy oil demand and relatively high oil ...

Indian refiners significantly increased US crude imports in March, while Russian crude imports rose despite US sanctions.

Nigeria made the biggest oil production cut among members of the Organization of Petroleum Exporting Countries (OPEC) in March, reducing ...

Russia has been India’s top oil import source during April-December 2024, according to data released by the Ministry of ...

Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable ...

Adam Hanieh is a professor of Political Economy and Global Development at the University of Exeter, whose research focuses on ...

Time is running out for an unpredictable US president and a distrustful Iranian supreme leader to avoid dangerous escalation ...

Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Saudi Arabia is set to significantly reduce its crude oil prices for Asian buyers in May, driven by falling regional ...

Aramco is specifically targeting BPCL's refinery in Andhra Pradesh and ONGC's refinery in Gujarat, said a Reuters report.

Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...