Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...

Indian Oil Corp has bought 7 million barrels of crude from the United States, Canada and the Middle East, four trade sources ...

India turned to purchasing Russian oil sold at a discount after Western countries imposed sanctions on Moscow and shunned its ...

Saudi Arabia has increased oil prices for Asian shipments for the second consecutive month, signaling strong confidence in robust regional demand.

Crude prices fell in early Asian trading on Monday, extending last week’s losses as higher US tariffs, an OPEC output hike ...

Indian state refiners, led by IndianOil, have paused Russian crude purchases and secured 7 million barrels from the U.S., ...

Oil giant Petron Corp. booked lower earnings in the first half as crude prices declined due to ongoing global trade tensions ...

Indian refiners can operate without Russian oil, but face economic & strategic trade-offs. Impact on yields, costs, and US ...

India's oil import costs may rise if Russian oil purchases cease. A State Bank of India report suggests a potential increase ...

Saudi Aramco has lost around $800bn of its market value since its peak in 2022, a drop of nearly 40 percent. On Tuesday, the ...

Oil prices have not reacted to Trump slapping an additional 25% tariff on India over its purchases of Russian oil, possibly ...