India, the world's third largest oil consuming and importing nation, bought crude oil worth 49 Billion Euros from Russia in the third year of Moscow's invasion of Ukraine, a global think tank said.

The EIA estimated U.S. crude oil production at 13.5 million barrels a day. Crude imports increased by 98,000 barrels a day to 5.9 million barrels a day, and exports fell by 193,000 barrels a day to ...

The U.S. Energy Information Administration reported Wednesday that commercial crude inventories declined by 2.3 million barrels for the week ending Feb. 21, following four consecutive weeks of ...

Trafigura Group’s head of oil trading Ben Luckock said that US foreign policy towards Iran is the biggest upside risk to crude prices in an otherwise well supplied market.

The oil markets continue to see lackluster movement, as the markets are adjusting to the potential outlook for slowing ...

Favorable oil prices are supporting exploration and production activities, leading to increased upstream operations. This is ...

For total motor gasoline, the EIA estimated that inventories increased by 400,000 barrels for the week to February 21, with ...

U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) ...

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-- April Brent crude BRNJ25, the global benchmark, was off 21 cents, or 0.3%, at $72.81 a barrel on ICE Futures Europe. The more actively traded May contract BRN00 BRNK25 declined 17 cents, or 0.2%, ...

Mercury found in crude edible oil cannot be removed even through refining processes, former director of the Institute of Nutrition and Food Science at DU, Dr Najma Shaheen, says ...

Oil prices held at two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on ...