This new tariff is also putting pressure on Reliance Industries, owned by India's richest person, Mukesh Ambani. The company ...

India is the world's third-largest crude importer after China and the US. India historically bought most of its oil from the ...

Iraqi crude is well-suited to Indian refineries and more will be coming on line as Opec production rises For ads that aren’t ...

Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

Glean insights from Berkshire Hathaway Inc.'s Q2 results, including insurance losses, core growth drivers, and Warren Buffett ...

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

DOHA, August 7. /TASS/. The Organization of Petroleum Exporting Countries keeps an eye on the oil market status, the balance of supply and demand, and statements of US President Donald Trump in ...

Kuwait's oil minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U ...

On paper, the world's largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in ...

NEW YORK (Reuters) -Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered ...

Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising ...