Last year, India leapfrogged China to become the biggest buyer of Russian oil, purchasing up to 2 million barrels of ...

A 10% jump in global crude oil prices could push India’s retail inflation up by 20 basis points, according to an RBI research paper. The study highlights India's continued sensitivity to oil ...

Oil prices surged Friday after the Israeli Defense Forces (IDF) launched a sweeping strike on Iran's nuclear facilities and military leaders. U.S. West Texas Intermediate prices climbed around 6% ...

Oil prices could spike globally if Russia’s more than 7 million exported barrels of oil per day abruptly disappear.

And although non-OPEC oil supply is expected to grow in the coming years, its incremental additions won’t be sufficient to offset such a large disruption. The likely result of a sustained triple-digit ...

Oil futures spiked higher and remained off five-week lows Wednesday morning after President Donald Trump jacked up tariffs on U.S. imports from India to 50% citing the country's continued purchases of ...

Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, warns expert (REUTERS) But Mr Kolyandr doubts Mr Trump will follow through with the tariffs ...

Oil prices jumped Monday after Britian said a racing yacht carrying five U.K. nationals had been stopped by Iranian naval vessels and that they are now being held in Iran. Crude climbed $1.40 to ...

Regime change could send oil prices significantly higher, particularly if it results in a loss of oil from Iran. “The main concern is any disruption to energy flows and global confidence.

China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years ...

Oil prices could spike globally if Russia’s more than 7 million exported barrels of oil per day abruptly disappear.