Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil ...

Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...

Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...

Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...

Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian ...

Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as ...

The countries argue that a lower cap would further restrict Russia's ability to finance its war against Ukraine while ...

Indian Oil Corp has purchased 7 million barrels of Middle Eastern and African crude oil, including Abu Dhabi's Murban, amid U.S. sanctions on Russian oil.

Indian Oil Corp (IOC) , the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil via tenders, including a rare purchase of Abu Dhabi's Murban, as U.S.

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.

The NUPRC said Nigeria’s current production was averaging 1.7 million barrels, leaving a deficit of about 350,000 barrels to ...