India's crude oil import costs have fallen below $70 per barrel, reaching their lowest level since 2021, driven by a global price slump amidst trade and tariff uncertainties.

The European Union is exploring legal avenues, specifically invoking force majeure, to terminate long-term gas contracts with Gazprom without incurring substantial financial penalties, while European ...

Average national prices for a gallon of gasoline at the pump on Monday fell for the first time in a month, according to ...

High-level negotiations between U.S. and Iranian officials in Muscat focused on a new nuclear deal. The deal includes several ...

OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected ...

The United States and Iran have agreed to continue high-level talks regarding Iran's nuclear program, signaling a potential ...

Gunvor's head of research asserts that the recent oil price crash below $60 per barrel was an excessive market response to ...

The Iraqi Oil Ministry has announced a new subsea oil pipeline deal with Italian offshore contractor Micoperi and Turkish ...

Trump administration is drafting an executive order that will enable the stockpiling of deep-sea metals in a bid to counter ...

US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...

BP has announced a new oil discovery in the deepwater U.S. Gulf of Mexico, marking a boost to its upstream production ...

The U.S. shale industry is going to survive and thrive,” Wright declared this week in Abu Dhabi, where optimism apparently ...