India's crude oil import dependency hits record high of 90.6% in May 2025 due to rising consumption and declining production.

Oil prices were mixed today, June 19, as investors assessed whether the US would join Israel in its attacks on Iran, as the ...

Brent Crude prices jump as traders brace for conflict escalation, supply disruption, and geopolitical premium pricing.

Iran has previously threatened to close the strait in times of conflict, though there’s no sign of that happening so far.

It is not profitable for the European Union itself to lower the price ceiling to $45 per barrel, the Russian deputy prime minister added ...

Oil watchers are re-evaluating the risk premium they should place on the global crude market, with the prospect of the US ...

Oil prices rose on Thursday after Israel and Iran continued to exchange missile attacks overnight and U.S. President Donald ...

Angola seeks diverse alliances to tap $60 billion in hydrocarbon project needs U.S. firms ExxonMobil and Chevron deepen involvement in oil and gas sectors Country repositions post-OPEC exit to secure ...

Investors remained tentative as they wait for the next development in the conflict between Iran and Israel. Front-month crude oil finish 0.4% higher. Meanwhile, gasoline inventories rose by 200,000 ...

Greenpeace has warned of a “potential environmental disaster” after two oil tankers collided near the Strait of Hormuz ...

Vermilion Energy expects to increase its production by 41.35% this year due to its acquisition of Westbrick Energy. Read more ...

Crude oil and natural gas prices continue to climb on fears that energy shipments via the Strait of Hormuz could be disrupted by any future escalation of Israel-Iran conflict ...