"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

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 ...

Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

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

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

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...

US refiners are increasingly importing heavy crude oil from South America, particularly the rare Bretaña grade from Peru, to ...

Bretaña, a heavy sweet crude from the Peruvian Amazon, is gaining popularity in the US market as crude oil imports shift.