Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to ensure transparency and reflect the ...

By Clyde Russell LAUNCESTON, Australia (Reuters) - "This time it's different" is a well-worn cliché that seems to be getting ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

Commercial bids for the much-delayed Zuluf oil incremental project were recently submitted by leading contracting players, which are part of Aramco’s long term agreement framework ...

Oil rose in early Asian trade. The market has made a remarkable rebound this week, primarily supported by positive surprises in U.S. inflation data, Pepperstone said.

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...

BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading.

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions ...

Oil futures resume their rally with winter demand and prospects of supply curbs due to U.S. sanctions pushing prices to their highest level since August. "U.S. sanctions against Russia remain the ...

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...

US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest ...