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 ...

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

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.

After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...

Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.

The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions ...