Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...

China is responding to Trump's energy-centric executive actions with a global diplomatic blitz. China courts the Middle East without push back from Washington.

Indian Oil Corp (IOC) , the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil ...

Amid the fresh sanction warnings from US on Russia, Indian oil refiners are exploring all available options to replace ...

First is to stop acting like an absentee hegemon. When Hamas attacked Israel on October 7th, no one was particularly interested in how Russia, China or the European Union would respond. Like it or not ...

Russian oil accounted for more than a third of India's imports last year, but US sanctions are tightening supply, pushing the ...

Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil ...

Countries like the UAE and Oman are developing local oil exchanges to push for more influence on global oil markets. The lack of variety and volume in Middle Eastern benchmarks, such as Dubai ...

The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended ...

IOC earlier this week floated tenders seeking sour and sweet crude for loading between the second half of February and the ...

The jump came as Asian buyers' are rushing to source alternative supplies following tougher sanctions by the U.S. on Russian oil shipments ...