With the fear that Iran might try to choke the Strait of Hormuz, through which 20% of global crude oil is traded, India is ...

Indian oil marketing companies remain vulnerable to oil price volatility, but the risk of Strait of Hormuz closure has ...

A Greek VLCC has smashed through the $100,000 per day barrier as rates continue to rise for loadings in the Middle East Gulf.

Shares of Hindustan Petroleum Corporation Ltd (HPCL) may be poised for a technical bounce, according to SEBI-registered ...

MOSCOW, June 24. /TASS/. The TASS news agency will act as the official media partner of the 9th International Seminar of the Organization of the Petroleum Exporting Countries (OPEC).

Algeria’s Sonatrach and Nigeria’s NNPC race to boost oil, gas output and stake their claim as Africa’s top energy player.

Consumption is shifting toward petrochemical production, while alternative fuels and electrification are expected to drive ...

Bangladeshi energy firm Omera Petroleum is set to acquire the local operations of French company Totalgaz in a deal valued at $32 million, or approximately Tk390 crore. The acquisition will strengthen ...

Rising oil prices and strong cash flow make Occidental Petroleum a top pick. Learn how OXY stock's strategy mitigates risk ...

Sable Offshore presents a compelling long-term investment with production restart, a valuation discount, and potential ...

Like other central banks globally, the CBN has remained laser-focused on inflation. Its adoption of an inflation-targeting ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...