Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

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

Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...

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

A tanker carrying Russian crude discharged at a port operated by Shandong Port Group in east China on Thursday.

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

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