Expectations have risen for a potential end to sanctions that have limited the supply of Russian oil to international markets ...

This new tariff is also putting pressure on Reliance Industries, owned by India's richest person, Mukesh Ambani. The company has issued a warning to the market.

India is the world's third-largest crude importer after China and the US. India historically bought most of its oil from the ...

Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...

Iraqi crude is well-suited to Indian refineries and more will be coming on line as Opec production rises For ads that aren’t ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

Glean insights from Berkshire Hathaway Inc.'s Q2 results, including insurance losses, core growth drivers, and Warren Buffett ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

DOHA, August 7. /TASS/. The Organization of Petroleum Exporting Countries keeps an eye on the oil market status, the balance of supply and demand, and statements of US President Donald Trump in ...

Kuwait's oil minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U ...

LONDON, August 7 (Reuters) -OPEC+ oil producers have used high summer demand to launch their first output increases in three ...

Oil supply growth from non-OPEC producers is expected to plateau by early 2026 even as global demand remains strong, BP CEO Murray Auchincloss tells Bloomberg.  In an interview following BP’s latest ...