It’s been just days since China responded to US tariffs with its own set of eye-watering levies, but one corner of the petroleum market is already in crisis as bilateral trade collapses between the ...

Oil prices settled slightly higher on Monday on exemptions for some electronics from U.S. tariffs and data showing a sharp ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise ...

JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker ...

Gas prices are dropping ahead of the summer travel season and experts say they'll likely stay low through this year.

OPEC slightly lowered its forecast for oil demand growth on Monday, citing the impact of US tariffs on the world economy. The ...

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...

Diesel consumption rose 2 per cent to 91.4 million tonnes in 2024-25 (April 2024 to March 2025) fiscal, according to ...

Motorists can expect significant reductions in petroleum product prices this holy week, as oil companies announced a rollback ...

In 2022, Saudi Aramco was the largest company in the world by market cap when oil prices were high. It also posted record profits that year. Since then, this energy and chemicals company has made ...

Trump's executive order directs U.S. Attorney General Pam Bondi to identify state and local acts that may be unconstitutional or preempted by federal law. Within 60 days, the attorney general must ...