India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...

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 ...

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 ...

Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.

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

Indian refiners are increasing Middle Eastern crude purchases from the spot markets after Washington last Friday announced ...

Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...

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