India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...

China's oil demand and refinery throughput declined in 2024 for the first time in decades, driven by a shift towards electric vehicles and LNG trucks.

In addition, the Securities and Exchange Commission just sued Elon Musk, accusing him of not notifying that agency or ...

Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

Indian refiners are increasing Middle Eastern crude purchases from the spot markets after Washington last Friday announced ...

Ahead of Donald Trump's presidential inauguration on Monday, Stephen Innes, managing partner at SPI Asset Management, warned traders to “brace for a dynamic and potentially tumultuous year in crude ...

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

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as ...

OPEC’s share of India’s crude oil imports increased for the first time in nine years, signaling a shift in the country’s ...

Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, citing rising ...